8,400 SQM Land for sale in Kiti, Larnaca

TENDER SUBMISSION DEADLINE: TUESDAY 25 APRIL, 10:00 a.m. IMPORTANT NOTICE This is a direct sale of a mortgaged property, in accordance with article 44H (3) of the Immovable Property (Transfer and Mortgage) Law of 1965, as amended from time to time. Please note that: (a) only offers that exceed the reserve price shall be reviewed; and (b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee. Residential field in an attractive location in Kiti Community, in Larnaca District. It is located at a distance of 450 meters (approx.) north of the Archbishop Makarios III Avenue, and  140 meters (approx.) west of the Kiti – Dromolaxia connected road.At a close distance there is a plethora of amenities and services such as schools, supermarkets, cafes, banks etc. In addition, the property has good access to the neighboring villages and municipalities as well as the motorway and the airport.The field has an irregular shape and an even surface. It is currently inaccessible via a registered road, but it is just 10 meters away from a registered asphalt road making it easy to obtain road access. In case that the property gain access, it will be suitable for the division of plots or for large residential development.The property falls within the Residential Zone H2 having building density coefficient 60%. Tenders submitted for an Amount below the Reserve Price shall be rejected. 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: Kiti