Industrial Field in Agios Georgios,Latsia, Nicosia
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Auction
- Cyprus
- Land/Site
- Commercial
Reserve €87.750
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Property Summary
Final Price Reduction - reduced by 30% from €125.000
- Industrial field zoned “Βα3” & ‘’Δα3’’in Latsia, Nicosia.
- Extending to approximately 1,688 sq. m. out of 2,251 sq.m. (75% share).
- Vacant possession.
- “The sale of the property, which comprises of a 75% 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”.
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Property description
- Industrial field with flat and even surface.
- We are informed that the property extends to approx. 1,688 sq. m. out of 2,251 sq.m. (75% share).
- Vacant possession.
Location
- The field is located in Latsia, Nicosia district, under Land Reg. No. 5/1038.
- The immediate area of the property is mainly characterized by industrial units such as warehouses and workshops as well as industrial land.
Tenancy
- Vacant Possession
Zoning
The property falls within two zones:
- Industrial Zone “Βα3” (56%) which allows for 100% building density, 60% building coverage, 2 floors and height depending on development.
- Protection Zone ‘’Δα3’’ (44%) which allows 5% building density, 5% building coverage, 1 floor and 5,5 m height.
Accommodation
The land was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the properties provide:
- Site area extending to approx. 1,688 sq. m.
- Interested parties are recommended to undertake their own inquiries to confirm properties 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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