Auction
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Residential Plot in Athienou, Larnaca

  • Auction
  • Lot 14
  • Cyprus
  • Land/Site
  • Commercial

Sold for €75.000

Property Summary

  • A residential plot zoned “H2" in Athienou, Larnaca.
  • Extending to approx. 673 sq. m. out of 948 sq. m. (71% share).
  • Registered road access.
  • Vacant possession.
  • The sale of the property, which comprises of a 71% 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”.

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • A residential plot in Athienou, Larnaca.
  • The plot benefits from frontage of approximately 25 meters on a registered, public road.
  • We are informed that the property extends to approximately 673 sq. m. out of 948 (71% 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 plot is located in Athienou, in the district of Larnaca, under Land Reg. No. 0/29357.
  • The asset is located in 28th October street in the centre of the community, and approx. 135 meters southerly of Panagia Chryseleousa church.
  • The immediate area of the property mainly consists of residential development.

Tenancy

  • Vacant Possession

Zoning

  • The plot falls within the "Κα6" Residential Zone, which allows 90% building coefficient, 50% building coverage, 2 floors and up to 8.3 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 673 sq. m. out of 948 sq.m. (71% share).
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.

VAT

VAT is applicable to this sale - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is subject to VAT as well as, the exact amount payable.

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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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