Residential Field in Mathiatis, Nicosia
- Cyprus
- Land/Site
- Commercial
Invited Opening Bid €75.000
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Property Summary
- Share of a residential field within “H3” planning zone in the community of Mathiatis, Nicosia.
- The field extends to approximately 5,384 sq.m. out of 26,924 sq.m. (20% share).
- Distribution agreement in place.
- Access to the field via a registered dirt road.
- Vacant possession.
- The sale of the property, which comprises of a 20% 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.
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Property description
- Residential field in Mathiatis, with regular shape and a smooth and flat surface.
- The residential field extends to approximately 5,384 sq.m. out of 26,924 sq.m. (20% share).
- Total frontage of approx. 170 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 property is located in the community of Mathiatis, Nicosia District, under Land Reg. No. 0/12292.
- The property lies approximately 600 meters northwest of Mathiatis village.
- The immediate area of the property consists of fields.
Tenancy
- Vacant Possession
Zoning
- The property falls within the “H3” Residential Zone, which allows for 60% building coefficient, 35% building coverage, 2 floors and up to 8,3 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:
- Site area extending to approximately 5,384 sq.m. out of 26,924 sq.m. (20% share).
- Interested parties are advised to undertake their own inquiries to confirm property measurements.
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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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You're the highest bidder!
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