Residential Field in Pera, Nicosia
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Auction
- Lot 29
- Cyprus
- Land/Site
- Commercial
Sold for €20.000
Property Summary
- Residential field zoned “H2” situated in the community of Pera, Nicosia.
- The share field extends to approx. 1,616 sq.m. out of 3,233 sq. m. (50% share).
- Road frontage of approx. 23 meters.
- 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”.
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Property description
- Residential field with a flat surface.
- We are informed that the property extends to approx. 1,616 sq.m. out of 3,233 sq. m. (50% share).
- Road frontage of approx. 23 meters.
- 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.
Location
- The field is located in Pera community of Nicosia district, under Land Reg. No. 0/18929.
- The property is situated approx. 60 meters of Agios Dimitrianos church, and approx. 240 meters west of Grigori Afxentiou avenue.
- The immediate area of the property mainly consists residential units.
Tenancy
- Vacant Possession
Zoning
- The field falls within the “H2” Residential zone which allows 90% building coefficient, 50% building coverage, 2 floors and up to 8,3 meters height.
Accommodation
The property was not inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:
- Site area extending to approximately 1,616 sq. m. out of 3,233 sq. m. (50% share).
- It is recommended that interested parties 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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