Residential Plot in Kouklia, Paphos
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Auction
- Lot 11
- Cyprus
- Land/Site
- Commercial
Reserve €40.000
Property Summary
- Share of α plot in Kouklia, Paphos.
- Extending to approx. 680 sq. m. out of 1,361 sq. m. (50% Share).
- Vacant possession.
- Potential for residential development (subject to obtaining all necessary consents).
- The sale of the property which comprises of a 50% share of a plot/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
- Share of a residential plot.
- As a whole share the plot benefits from a frontage of approximately 20 meters on a public, registered road.
- We are informed that the property extends to approximately 680 sq. m. out of 1,361 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 plot is located in the community of Kouklia in the Paphos District, under Land Reg. No. 0/7244.
- The property is located near the popular Secret Valley Golf resort area and is situated approximately 1,2 km northwest from the golf course, approx. 1,4 km northeast from the Limassol-Paphos (A6) motorway and approximately 2,6 km north-west of Aphrodite Hills.
- The immediate area of the property features mainly affluent housing developments, mainly forming part of Secret Valley.
Tenancy
- Vacant Possession
Zoning
- The property falls within the "Γ3" Agricultural zone which allows for 10% building coefficient, 10% building coverage, 2 floors and up to 8,30 meters height.
- Regardless the provisions of the Γ3 zone, the specific property is eligible for a 20% building coefficient, 15% building coverage, 2 floor and up to 8,30 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:
- Site area extending to approx. 680 sq. m. out of 1,361 sq. m. (50% Share)
- Interested parties are advised to 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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