Commercial Development for sale in Kato Drys, Larnaca

The property for sale is an under construction residential complex of 17 houses in Kato Drys Community, in Larnaca District. It is located 250 meters west of the center of the village and 200 meters northwest of Agios Charalambos Church.The construction of the complex started around 2008 and consists of 17 residences (14 of two bedrooms and 3 of three bedrooms) of which 7 are incomplete and 10 are proposed. Three of the seven residences (two of two bedrooms and one of three bedrooms) are in the phase of the columns and beams structure completion, and the other four residences are in the phase of the foundation completion.All residences have similar design and covered area of 100sqm each of the two bedrooms and 135sqm each of the three bedrooms. They consist of an open plan living room and kitchen and a guest bathroom on the ground floor and on the first floor there are two/three bedrooms and a bathroom with toilet. They also have a covered parking space and a backyard.It is noted that the property has acquired a distribution agreement. The complex is located in the southern part (11/15 share) of the field as specified with blue colour. Advantage of the property is that is located on a hill and enjoys  panoramic view of the surrounding area.In addition, the property is exempt from VAT. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. District: Larnaca Municipality: Kato Drys