Auction
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Mixed Use Field in Ypsonas, Limassol

  • Auction
  • Lot 7
  • Cyprus
  • Land/Site
  • Commercial

Sold for €72.000

Property Summary

  • Share of a field within zones “Εβ" and “Η3” in Ypsonas, Limassol.
  • The share for sale extends to approximately 520 sq. m. out of 6,355 sq. m. (8% share).
  • Registered road access.
  • The sale of the property, which comprises of an 8% 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

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Andreas Peratikos
Andreas Peratikos
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Andreas Peratikos
Andreas Peratikos
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Share within a residential field within planning zones “Εβ" and “Η3”.
  • Even surface.
  • As a whole share the property benefits from a north-eastern frontage of approximately 87 meters on a registered public road.
  • The share for sale extends to approximately 520 sq. m. out of 6,355 sq. m. (8% 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 Kourio - Ypsonas Municipality, in the district of Limassol, under Land Reg. No. 0/14931.
  • The property lies on Ilia Kannaourou avenue, approximately 1,1 km south-east of the built-up area of the community, approximately 1 km south-west of the Limassol-Paphos highway and approximately 1,2 km west of the Paphos Junction roundabout.
  • The immediate area of the property comprises a mixture of commercial and residential uses.

Tenancy

  • Vacant Possession

Zoning

  • The property as a whole share falls within the following planning zones (see on the table below):

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 520 sq.m. out of 6,355 sq.m. (8% share).
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

Additional Details

Zone(s)

Building Density

Building Coverage

Floors

Height (m)

Εβ

90%

60%

2

8,3

Η3

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.

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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