Residential Plot in Zakaki, Limassol
-
Auction
- Lot 35
- Cyprus
- Land/Site
- Commercial
Sold for €99.000
Property Summary
- Share of a residential plot zoned “Κα5” in Zakaki, Limassol
- The share for sale extends to approximately 225 sq. m. out of 550 sq. m. (50% share).
- Potential for residential development (subject to obtaining all necessary consents).
- 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
Contact Us
Downloads
Your BidX1 Account
Log in to your BidX1 Account to view the legal documents.
Create New Account
Register for a BidX1 Account to view the legal documents.
Property description
- Share of a residential plot zoned “Κα5”
- The property has frontage on a registered road of approx. 25 meters along its north-western boundary as whole share.
- The share for sale extends to approximately 225 sq. m. out of 550 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 property is located within the Zakaki Parish of the Limassol Municipality within the district of Limassol under Reg.No. 1/65.
- The property is situated approximately 500 meters north-east of My Mall Limassol, approximately 440 meters north-west of Franklinou Roosevelt Avenue and approximately 1,3 km north-west of the Port of Limassol
- The immediate area mainly consists of residential developments such as houses and blocks of apartments.
Tenancy
- Vacant Possession
Zoning
- The property falls within the “Κα5” Residential Zone, which allows for 100% building coefficient, 50% building coverage, 3 floors and up to 13,50 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:
- The share for sale extends to approximately 225 sq. m. out of 550 sq. m. (50% share).
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
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.
Congratulations!
You're the highest bidder
You will receive an email from our team shortly to outline the next steps.
If you have purchased a property in the UK or Ireland, you'll need to pay the remainder of your deposit via My Account.
You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
If you have any questions in the meantime, we're here to help: