Field (Share) - Mesogi, Paphos
Ref. PR40526
Maybe subject to VAT
478,000
Reserve Price
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 are equal or 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.
Available for sale is the 1/2 share of a commercial/residential field, that corresponds to approximately 4.706 sq.m., in Mesogi Community in Paphos District.
It is located 700 meters south from Mesogi industrial area and approximately 750 meters north from Agios Neophytos Lyceum.
It has an irregular shape with a flat topography. It abuts onto a registered road along its northwestern boundary.
Within the southern part of the field there is a warehouse with no economic value.
It should be noted that the property is affected by road widening scheme along its western boundary.
It falls within the Commercial Zone Eβ8 (19%) with a maximum building factor of 80% and within the Residential Zone Kα8 (81%) with a maximum building factor of 60%.
Rights / Easements:
Subject to a 1.83 meter wide right-of-way along the south-western boundary as shown in the plan with entry 13 in file A287/83 (File No. 6/AED/502849/1980). Beneficial property: Registration No. 0/6328, sheet 45, plan, 59, section 0, plot 264 Paphos, Mesogi.
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
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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 Real Estate 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 Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.
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District: Paphos
Municipality: Mesogi
Reference | Reg. Nº | Sheet/Plan | Block | Parcel Nº | Share |
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PR40526 | 0/6173 | 45/59 | 00 | 335 | 1/2 |
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COOPERATIVE ASSET MANAGEMENT COMPANY LTD