Residential Field in Souni - Zanakia, Limassol
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Auction
- Lot 33
- Cyprus
- Land/Site
- Commercial
Sold for €120.000
Property Summary
- Shared of a residential and agricultural field situated in Souni - Zanakia, Limassol.
- The share for sale extends to approximately 5,730 sq. m. out of 11,459 sq.m. (50% share).
- 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.
- This property has a minimum conditional price subject to confirmation (STC). The highest offer is subject to approval by the vendor, who has a maximum of 2 working days to respond. 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
- Share of a residential and agricultural field in the community of Souni - Zanakia.
- The parcel benefits from a western frontage of approximately 60 meters on a registered, public road.
- The share for sale extends to approximately 5,730 sq. m. out of 11,459 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 in the community of Souni - Zanakia of Limassol district, under Land Reg. No. 0/3763.
- The field is situated approximately 1,1 km meters south of the built-up area of the Souni community, 10 meters east of the Troodous Avenue and approximately 2km meters west 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:
- 82% of the field falls within the residential planning zone H6, which allows for 20% building coefficient, 20% building coverage, 2 floors and up to 8,3 m. height.
- 18% of the field falls within the protection planning zone Z3 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 5,730 sq. m. out of 11,459 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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You're the highest bidder!
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