Residential field in Alassa, Limassol
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Auction
- Cyprus
- Land/Site
- Commercial
Reserve €101.250
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Property Summary
Final Price Reduction - reduced by 4% from €105.000
- Shared of a residential and agricultural field situated in Alassa, Limassol.
- The share for sale extends to approximately 8,195 sq. m. out of 16,389 sq.m. (50% share).
- Distribution agreement in place.
- Potential for residential development (subject to obtaining all necessary consents).
- The sale of the property, which comprises of a 50% 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”.
- Vacant possession.
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Property description
- Share of a residential and agricultural field in the community of Alassa.
- The parcel lies approximately 10 meters north-east of the nearest under registration road.
- The share for sale extends to approximately 8,195 sq. m. out of 16,389 sq.m. (50% share).
- There is a distribution agreement in place.
Location
- The field is located in the community of Alassa of Limassol district, under Land Reg. No. 0/1818.
- The field is situated approximately 145 meters north-east of the built-up area of the community and approximately 750 meters north of the Kouris Dam.
- The wider area of the property mainly consists of vacant land and residential development.
Tenancy
- Vacant Possession
Zoning
As per information provided:
- 76% of the field falls within the residential planning zone H4, which allows for 40% building coefficient, 35% building coverage, 2 floors and up to 8,3 m. height.
- 24% of the field falls within the residential planning zone Z3-ΠΤ which allows for 1% building coefficient, 1% building coverage, 1 floor and up to 5 m. height.
Accommodation
The land was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- The share for sale extends to approximately 8,195 sq. m. out of 16,389 sq.m. (50% share).
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
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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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