Auction
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Derelict Villa in Armou, Paphos

  • Auction
  • Cyprus
  • Apartment
  • Residential

Invited Opening Bid €0

Bidder Security €500 *fully refundable if unsuccessful bidder
Auction Date 30 September
Bidding Opens 11:00 (GMT+3)
Bidding Closes To be Confirmed

Property Viewings

Viewings have not yet been scheduled for this property.
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Addendum

The property is being sold through an assignment of a contract of sale and/or assignment agreement, pursuant to which all legal rights of the assignor shall be transferred to the assignee. You are informed that there is no title deed for the subject property, and the assignor cannot guarantee that a title deed will be and/or may ever be issued in relation to the subject property. You are advised to seek independent advice in the event that the subject property will be purchased through financing, as properties without a separate title deed and/or in these circumstances, are not generally accepted by the banks as collaterals for the purpose of granting a loan. Furthermore, you are advised to seek independent advice in relation to any costs, duties, fees and levies that may be associated with the purchase of the Property.

Property Summary

  • Derelict house in Armou, Paphos.
  • Extending to approximately 206 sq.m. of covered areas and an approximately land area of 640 sq. m.
  • Part of a derelict residential development
  • Vacant possession.
  • The property has been affected by structural movement which constitutes on-site inspections to be dangerous. BidX1 will not be facilitating onsite viewings at the property and its recommend that interested parties refrain from physical inspection.
  • 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.

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.

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Property description

  • Double storey derelict house in a residential complex.
  • The house has the door number 5.
  • We are informed that the property is extends to approximately 206 sq.m. of covered areas and an approximately land area of 640 sq. m.
  • The property has been affected by structural movement which constitutes on-site inspections to be dangerous. BidX1 will not be facilitating onsite viewings at the property and its recommend that interested parties refrain from physical inspection.

Location

  • The property forms part of a development within Armou Village, Paphos District, under Land Reg. Nos. 0/6273 and 0/7019
  • The development is located approximately 200 meters south-west of the built-up area of the community and approximately 680 meters north-west of Archiepiskopou Makariou III Avenue which connects the communities of Konia and Armou.
  • The immediate area of the property is characterized mainly by vacant land lots and sporadic residential development.   

Tenancy

  • Vacant possession

Zoning

  • The property falls within the “H4” Residential Zone, which allows for 40% building coefficient, 25% building coverage, 2 floors and up to 8,3 meters height.
  • The property falls within the Geological Zone 00 (zone with increased risk).

Accommodation

The property was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • We are informed that the property is extends to approximately 206 sq.m. of covered area.
  • Interested parties are advised 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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