Auction
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Mixed-use building in Kato Deftera, Nicosia

  • Auction
  • Cyprus
  • House
  • Residential

Reserve €195.000

15 %

Now €165.000

Bidder Security €4.500 *fully refundable if unsuccessful bidder
Auction Date 27 November
Bidding Opens 10:00 (GMT+2)
Bidding Closes To be Confirmed

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Property Summary

  • Two-storey mixed-use building, in the community Kato Deftera, Nicosia.
  • Extending to approximately 325 sq. m. of internal areas.
  • The land area extends to approximately 4,530 sq.m.
  • Includes two storage areas and parking spaces.
  • Constructed approximately in 1993.
  • Vacant possession.
  • This property has a minimum conditional price subject to confirmation (STC). The highest offer is subject to approval by the vendor, who has a maximum of 2 working days to respond. 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. 

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Two-storey mixed-use building in the community of Kato Deftera, Nicosia.
  • The land area extends to approximately 4,530 sq.m.
  • The property was constructed approx. in 1993.
  • The ground floor consists of a restaurant and kids playground area, an open space mezzanine, ancillary spaces, and one bedroom apartment.
  • The first floor consists of an open space living, dining, kitchen and a bar, three bedrooms, of which the master bedroom includes a shower and a walk-in wardrobe, a main bathroom with a toilet, a guest toilet, a fireplace access to a spacious covered veranda. 
  • The property benefits from a planning permission.
  • Furthermore, the property offers two storages and 15 parking spaces.
  • Vacant possession.

Location

  • The property is located in the community of Kato Deftera in the District of Nicosia, under Land Reg. No. 0/722.
  • The property abuts on Poseidonos Street, approximately 390 m. north of Griva Digeni avenue and approximately 4,4 km south of Nicosia Mall.
  • The immediate area of the property is mainly characterised by empty fields.

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the “Γ3” Agricultural Zone, which allows for 10% building coefficient, 10% building coverage, 2 floors and up to 8,3 m. height.

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides :

  • A property extending to approximately 325 sq. m. of internal area.
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

Helpful links

*Terms & Conditions

Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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