Auction
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Four Apartments in Paralimni, Famagusta

  • Auction
  • Lot 16
  • Cyprus
  • Apartment
  • Residential

Sold for €167.000

Property Summary

  • Four Apartments (two rented and two vacant).
  • Share on plot extending to approx. 465 sq. m. out of 1396 sq. m. (33.33% share)
  • The four Apartments are part of a building that consists of twelve Apartments.
  • The sale of the property, which comprises of a 33% 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 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.

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

  • Four Apartments that correspond to 33% share of a Building that consists of 12 Apartments.
  • We are informed that the property is constructed within a plot of 1396 sq. m.
  • Frontage to Adamantiou Korai Street of approx. 43 meters.

Location

  • The property is located within Paralimni-Deryneia Municipality, Famagust dIstrictunder Land Reg. No. 0/14047.  
  • The property is located on Adamantiou Korai Street
  • The immediate area of the property is characterized mainly by residential units such as houses and Apartments.   

Tenancy

  • Please the details on the table below

Zoning

  • The property falls within the “Εβ4” Commercial Zone, which allows for 140% building coefficient, 50% building coverage, 4 floors and up to 17 meters 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:

  • Four Apartments part of a building that consists of twelve Apartments.
  • Interested parties are advised to undertake their own inquiries to confirm property / building measurements. 

Additional Details

Apartment

Floor

Bedrooms

Internal Area

Veranda

Occupancy

No.1

Ground

Studio

47 sq.m.

13 sq.m.

Rented

No.7

1st

Three

94 sq.m.

20 sq.m.

Vacant

No.8

1st

Two

59 sq.m.

20 sq.m.

Vacant

No.10

1st

Two

91sq.m.

20 sq.m.

Rented

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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