Auction
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Residential Field in Palaiometocho, Nicosia

  • Auction
  • Lot 63
  • Cyprus
  • Land/Site
  • Commercial

Sold for €21.000

Property Summary

  • A residential field zoned “H3" residential, situated in Paliometocho, Nicosia.
  • Extending to approx. 1,703 sq. m.
  • Vacant possession.

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • A regular shaped residential field in Paliometocho, Nicosia.
  • We are informed that the property extends to approximately 1,703 sq. m.
  • Vacant possession.
  • 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 Paliometocho community, Nicosia district, under Land Reg. No. 0/23135.
  • The property is located approximately 790 meters southwest of Paliometocho community centre.
  • The immediate area of the property mainly consists of vacant parcels.

Tenancy

  • Vacant Possession

Zoning

  • The field falls within the "Η3" Residential Zone, which allows 60% building coefficient, 35% 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 1,703 sq. m.
  • Interested parties are recommended to 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

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. BidX1 is a trading name of Islander Estate Agencies Limited, which is located in Cyprus. Licence No. 579/E and Reg No. 1367.

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