Auction
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2 x Agricultural Fields in Giolou, Paphos

  • Auction
  • Cyprus
  • Land/Site
  • Commercial

Invited Opening Bid €10.000

Bidder Security €2.000 *fully refundable if unsuccessful bidder
Auction Date 04 June
Bidding Opens 11:00 (GMT+3)
Bidding Closes To be Confirmed

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Viewings have not yet been scheduled for this property.
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Property Summary

  • 2 x Agricultural fields zoned “Γ3" situated in Giolou, Paphos.
  • Extending to approx. 22,410 sq. m. in total.
  • 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

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.

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Property description

  • Two agricultural fields.
  • We are informed that the property extends to approximately 22,410 sq. m. in total.
  • 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 properties are located within Giolou village, Paphos district, under Land Reg. No. 0/6055 and 0/6895.
  • The properties are located approx. 700 m. east of the main road connection Paphos to Polis (B7), approx. 2,5 km. from the centre of Giolou village, approx. 10 km of Polis Chrysochous and approx. 20 km. from Paphos City Centre.
  • The immediate area of the property mainly consists of vacant land and sporadic development of holiday houses.

Tenancy

  • Vacant Possession

Zoning

  • Properties fall within the Γ3 Agricultural Zone, which allows 10% building coefficient, 10% building coverage, 2 floors and up to 8,30 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 22,410 sq. m.
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

Helpful links

*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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