Auction
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Agricultural Field in Sotira, Limassol

  • Auction
  • Lot 23
  • Cyprus
  • Land/Site
  • Commercial

Sold for €3.250

Property Summary

  • Share of “Ζ1” zoned agricultural field in Sotira, Limassol.
  • Registered road access.
  • Extending to approx. 2,843 sq.m. out of 5,686 sq. m. (50% Share).
  • Vacant possession.
  • 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”.
  • 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.

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Share of an agricultural field.
  • As a whole share the field benefits from a frontage of approximately 30 meters on a registered, public road.
  • We are informed that the property extends to approximately 2,843 sq. m. out of 5,686 sq. m. (50% 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 within the community of Kourio - Sotira in the Limassol District, under Land Reg. No. 0/8524.
  • The field is located approximately 1,7 km northwest of the Limassol-Paphos highway and approximately 2,3 km north-west of the Sotira Reservoir.
  • The immediate area of the property comprises of vacant land.

Tenancy

  • Vacant Possession

Zoning

  • As per information provided the field falls within the protection zone Z1 which allows for 6% building coefficient, 6% 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. 2,843 sq. m. out of 5,686 sq. m. (50% Share)
  • Interested parties are advised to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

Helpful links

*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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