Industrial Field in Palaiometocho, Nicosia
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Auction
- Lot 43
- Cyprus
- Land/Site
- Commercial
Invited Opening Bid €0
Property Summary
- Industrial field zoned “B1” in the community of Palaiometocho, Nicosia.
- Extending to approximately 517 sq. m.
- Vacant possession.
- 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.
- 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
- Industrial field with flat and even surface.
- The property is situated approx. 140 m. from the closest registered road.
- We are informed that the property extends to approx. 517 sq. m.
Location
- The field is located in the community of Palaiometocho, Nicosia district, under Land Reg. No. 0/27629.
- The property is situated approx. 3,4 km northeast from the centre of the village and approx. 500 m. south from Grigori Afxentiou Avenue.
- 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 Industrial Zone “Β1” which allows for 90% building density, 50% building coverage, 2 floors and height depending on development.
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. 517 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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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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