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Available for sale is the empty 1/4 share of under division residential field which correspond to an area of 26,312sqm (approx.) in Meneou municipality in Larnaka District.It is important to note that according to the distribution agreement the share for sale corresponds to the future plots with Νo. 3-19 and Νο. 22, 24, 25 and 26 (21 plots in total). The property acquired a planning permit for the construction of 86 plots. The property abuts onto Archbishop Makariou Avenue and It is situated at a distance of approximately 535m west of Meneou - Pervolia connection road.The area is easily accessible and is within close proximity to schools, shops and other amenities.The field has an irregular shape with even land surface and abuts onto public registered road along its southern, eastern and northerner boundary.The property falls within the residential zone Kα6 (99%) and within Protection Zone Δα2 (1%).It is suitable for the division of plots or for large residential development. 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. Tenders submitted for an Amount below the Reserve Price shall be rejected. 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. District: Larnaca Municipality: Dromolaxia - Meneou Quarter: Meneou
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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