Residential Field in Strovolos, Nicosia
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Auction
- Lot 6
- Cyprus
- Land/Site
- Commercial
Highest Bid €2.250 (STC)
Property Summary
- Share residential field zoned “Κα7" residential, situated in Strovolos Municipality, Nicosia
- Extending to approx. 287 sq.m. out of 2,054 sq. m. (14% share).
- Vacant possession.
- The sale of the property, which comprises of a 14% 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”.
- This sale is conditional and is subject to confirmation (STC) by the vendor, who will accept or decline the highest bid no longer than two working days from the bidding closing time. 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.
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Property description
- Residential field in Strovolos, Nicosia.
- The property is situated approx. 60 m. from the closest registered road.
- We are informed that the property extends to approximately 287 sq.m. 2,054 sq. m. (14% share).
- The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.
Location
- The field is located in Agios Vasilios parish, Strovolos Municipality of Nicosia district, under Land Reg. No. 8/520.
- The property is situated about 1 km of Americal Medical Centre, and 1 km of Nicosia/Limassol motorway.
- The immediate area of the property mainly consists of houses as well as residential land.
Tenancy
- Vacant Possession
Zoning
- The field falls within the "Κα7" Residential Zone, which allows 80% building coefficient, 45% building coverage, 2 floors and up to 10,00 meters 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:
- Site area extending to approximately 287 sq.m. out of 2,054 sq. m. (14% 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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You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
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