Auction
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Residential field in Palaiometocho, Nicosia

  • Auction
  • Cyprus
  • Land/Site
  • Commercial

Reserve €59.375

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 24% from €78.000

  • “Η” zoned residential field in Palaiometocho, Nicosia.
  • Extending to approx. 2,360 sq.m.
  • Potential for residential development (Subject to obtaining all necessary permits).
  • Vacant possession.

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 in Palaiometocho, Nicosia.
  • Relatively smooth and flat surface.
  • We are informed that the site area extends to approximately 2,360 sq. m.

Location

  • The field is located in the community of Palaiometocho, in the district of Nicosia, under Land Reg. No. 0/26566.
  • The field is located approximately 400 m from the motorway.
  • The immediate area of the property is mainly characterised by residential land and development. 

Tenancy

  • Vacant Possession

Zoning

  • As per information provided the field falls within the residential planning zone H3 which allows for 60% building coefficient, 35% building coverage, 2 floors and up to 8,3 m. height.

Accommodation

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

  • Site area extending to approx. 2,360 sq.m
  • Interested parties are recommended to 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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