Auction
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Four residential fields in Potami, Nicosia

  • Auction
  • Lot 12
  • Cyprus
  • Land/Site
  • Residential

Sold for €40.000

Property Summary

  • Group of 3 consecutive residential fields and an additional nearby 1/2 share of field.
  • Extending to approx. 4,958 sq. m.
  • Potential for residential development (subject to obtaining all necessary consents).
  • Vacant possession.

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Group of 3 consecutive residential fields and an additional 1/2 share of a nearby field. (As shown in the table below)
  • Fields with Land Reg No 0/4505, 0/5327, 0/5733 are connected and have access to a registered road via 0/5327 which abuts on the main road of the village along its western border with at a frontage of approx. 21 m.
  • We are informed that the properties extend to approx 4,958 sq. m in total. 

Location

  • The properties are located in Potami village, Nicosia District, under Land Reg no's 0/4505, 0/5327, 0/5733 0/5737.
  • The properties are located approx. 650 m. north of the village centre, approx. 270 m. north of St. George Church and approx. 1 km southeast of the Kokkinotrimithia-Akaki (B9) main road which is served by all necessary services such as banks, supermarkets, gas stations etc.
  • The wider area is mainly characterized by empty residential and agricultural fields as well as sporadic residential developments, mostly houses.

Tenancy

Vacant possession.

Zoning

The properties fall within: 

  • The "H2" Residential Zone which allows 90% building coefficient, 50% building coverage, 2 floors and up to 8,30 meters hight. 
  • The "H3" Residential Zone which allows 60% building coefficient, 35% building coverare, 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 approx. 4,958 sq. m in total.
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT is applicable to this sale, please refer to the legal documents for further details.

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*Terms & Conditions

Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/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.

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