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Residential Field in Lythrodontas, Nicosia

  • Cyprus
  • Land/Site
  • Commercial

Invited Opening Bid €95.000

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Property Summary

  • Residential field zoned ‘’H4’’ in Lythrodontas, Nicosia.
  • Extending to approximately 6,912 sq. m.
  • Vacant possession.
  • 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

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.

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Property description

  • Residential field in Lythrodontas, with a flat surface.
  • We have been informed that the property extends to approximately 6,912 sq. m.
  • The Residential field is located approximately 45 meters of the closed public registered road.
  • 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 Lythrodontas community, Nicosia district, under Land Reg. No. 0/30426.
  • The asset is located approximately 1,2 km east of the traditional core of the community, about 330 meters north of Grigori Afxentiou Avenue that connects the community of Mathiatis – Lythrodontas, and approximately 470 meters northwest of Lythrodontas Stadium and Archiepiskopou Makariou Avenue.
  • The immediate area of the property consists of both residential houses and empty land. 

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the ‘’Η4’’ Residential zone which allows for 40% building density, 25% 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 6,912 sq. m.
  • It is recommended that interested parties 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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