***AUCTION STARTING PRICE***
Property Summary
-Share of Residential field zoned “Κα6” situated in Avgorou, Famagusta.
-Extending to approx. 1,685.6 sq.m. out of 8,428 sq.m. (20% Share)
-Vacant possession.
-The sale of the property, which comprises of a 20% share of a field/plot, is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration, and Valuation) Law, Cap. 224”.
-The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.
-This sale is conditional and is subject to confirmation (STC) by the vendor, who will accept or decline the highest bid no longer than two working days from the bidding closing time. In the meantime and in case of approval by the vendor the highest offer placed will be mutually binding. You will find more information in the Terms and Conditions.
Real Estate Agency Licence 579/E and Reg 1367.
