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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. Two-story residential building in an excellent and central location in Agios Pavlos Quarter in Paphos Municipality, at a distance of approximately of 270 meters east from Papantoniou Supermarket and approximately 500 meters east from Apostol Petrou and Pavlou church.The property abuts onto Vasileos Konstantinou ΧΙΙΙ Avenue along its southern boundary and is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes etc. In addition, the property has excellent access to the city center and the tourist area of Kato Paphos.The building was constructed in circa 1974 and consists of an auxiliary area, a semi-detached house on the ground floor and a semi-detached house on the first floor.The area of the internal spaces is 300 sqm (approx.), the covered verandas 60 sqm (approx.) and the auxiliary area 70 sqm (approx.). 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: Paphos Municipality: Paphos Municipality Quarter: Agios Pavlos
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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