Auction
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Residential Plot in Pano Arodes, Paphos

  • Auction
  • Cyprus
  • Land/Site
  • Commercial

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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Property Summary

  • Share of a residential plot in the community of Pano Arodes, Paphos.
  • Extending to approximately 836 sq.m. out of 3,345 sq.m. (25%Share).
  • Vacant possession.
  • The sale of the property, which comprises of a 25%share of a plot/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 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

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

  • Share of a residential plot in Pano Arodes, Paphos with a flat and even surface.
  • As a whole share, the plot benefits from a south-western frontage of approximately 80 meters.
  • We are informed that the site area extends to approximately 836 sq.m. out of 3,345 sq.m. (25% Share).
  • 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 plot is located in the community of Pano Arodes, in the district of Paphos, under Land Reg. No.0/9365.
  • The plot is located approximately 40 meters west of the main road which connects the community of Pano Arodes with Polis Chrysochous, and approximately 280 meters east of the built-up area of the community.
  • The immediate area of the property is mainly characterised by residential development such as houses and vacant parcels of land. 

Tenancy

  • Vacant possession

Zoning

  • As per information provided the property falls within the residential planning zone “Κα8δ” which allows for 60% building coefficient, 35% building coverage, 2 floors and up to 7 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 approx. approximately 836 sq.m. out of 3,345 sq.m. (25%Share).
  • Interested parties are recommended 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.

Additional Information

  • BidX1 does not conduct viewings for Land properties. Interested parties are advised to independently inspect the property prior to the auction and to contact BidX1 with any pre-auction queries.

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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