Residential Field in Strovolos, Nicosia
- Cyprus
- Land/Site
- Commercial
Invited Opening Bid €399.000
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Property Summary
- Share of a residential field zoned “Κα3 " in Agios Dimitrios,Strovolos, Nicosia.
- The share for sale extends to approximately 710 sq. m. out of 1,264 sq. m. (56% share).
- Distribution Agreement in place
- The sale of the property, which comprises of a 56% 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”.
- The asset does not qualify for the 50% reduction of property transfer fees imposed by the Department of Lands and Surveys (Fees and Charges) Law (Cap 219).
- 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
- Share within a residential field within planning zone “Κα3 ".
- As a whole share the field enjoys access via two registered roads with a total frontage of approximately 73 meters.
- The share for sale extends to approximately 710 sq. m. out of 1,264 sq. m. (56% share).
Location
- The field is located in Agios Dimitrios Parish - Strovolos Municipality, in the district of Nicosia, under Land Reg. No. 13/1508.
- The property is located approximately 750 meters east of Strovolos Municipal Sports Center and approximately 750 meters south-west of the Central Bank of Cyprus.
- The immediate area of the property mainly consists of residential development and vacant parcels of land.
Tenancy
- Vacant Possession
Zoning
- The field falls within the " Κα3" Residential Zone, which allows 140% building coefficient, 50% building coverage, 4 floors and up to 17 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:
- The share for sale extends to approximately 710 sq.m. out of 1,264 sq.m. (56% share).
- Interested parties are recommended 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!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
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