Lot 20 Commercial Plot, Strovolos, Nicosia

Bidding Closed

SOLD FOR

463.000 €

Property Enquiries

Kritonas Onisiforou

kritonas.onisiforou@bidx1.com

Viewing/Registration Enquiries

BidX1 Support Team

info@cy.bidx1.com
+357 22 000380

Vendor Lawyer

Loukis Papaphilippou & Co LLC

l.papaphilippou2@papaphilippou.eu
+357 22271000
Description
Map
Viewings

Property Summary
  • Regular shaped commercial plot zoned “Eβ3” on Ifigenias Avenue.
  • We are informed that the property extends to approx. 576 sq. m.
  • Potential for mixed-use development (subject to obtaining all necessary consents).
  • Vacant possession.
Location
  • The property is a commercial plot located in Ayios Dimitrios quarter, within Strovolos Municipality, Nicosia, under Land Reg. No. 13/302.
  • The plot is situated approx. 45 m. east of the Acropoleos and Ifigenias Avenues junction and approx.130 m. southeast of Makario Children's Hospital.
  • The immediate area comprises of residential and commercial developments and enjoys easy access toward Nicosia city centre via Acropoleos Avenue. 
Description
  • Regular shaped commercial plot with flat and even surface.
  • Road frontage to Ifigeneias Avenue of approx. 22 meters.
  • The plot has a building permit (which is expired) for a 6 storey building with retail on ground floor and offices on the remaining.
  • we are informed that the plot is approximately 576 sq. m.
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 is approximately 576 sq. m. 
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements
Tenancy
  • Vacant Possession. 
Zoning
  • The asset falls within the Eβ3 Commercial Zone, which allows 160% building coefficient, 50% building coverage, 6 floors and up to 24 meters height.
VAT
VAT is applicable to this sale, please refer to the legal documents for further details.

Islanders Estate Agencies Ltd as a licensed Estate Agent, T/A BidX1 Cyprus Sales

Registration No: 799 / Licence No: 376/E

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.


Contact Kritonas about this property