Auction
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Residential Field in Potamia, Nicosia

  • Auction
  • Cyprus
  • Land/Site
  • Commercial

Reserve €54.600

Bidder Security €1.000 *fully refundable if unsuccessful bidder
Auction Date 04 December
Bidding Opens 10:00 (GMT+2)
Bidding Closes To be Confirmed

Property Viewings

Viewings have not yet been scheduled for this property.
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Property Summary

Final Price Reduction - reduced by 17% from €66.000

  • Residential field zoned “H2” situated in the community of Potamia, Nicosia.
  • Extending to approx. 2,824 sq.m. out of 16,138 sq. m. (17,5% share).
  • Vacant possession.
  • “The sale of the property, which comprises of a 17,5% 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”.

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
APS Legal Sales
Vendor's Solicitor

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
APS Legal Sales
Vendor's Solicitor

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Property description

  • Residential field with a flat surface.
  • We are informed that the property extends to approx. 2,824 sq.m. out of 16,138 sq. m. (17,5% share)

Location

  • The field is located in Potamia village of Nicosia district, under Land Reg. No. 0/5892.
  • The property is situated 4.5km from the motorway and Dali community center.
  • The immediate area of the property mainly consists residential units.

Tenancy

  • Vacant Possession

Zoning

  • The field falls within the H2” Residential zone which allows 90% building coefficient, 50% building coverage, 2 floors and up to 8,3 meters height.

Accommodation

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

  • Site area extending to approximately 2,824 sq. m.
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.

VAT

VAT is applicable to this sale - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is subject to VAT as well as, the exact amount payable.

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*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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