Development Opportunity – Fields in Avgorou Village, Famagusta
-
Auction
- Lot 36
- Cyprus
- Land/Site
- Residential
Sold for €168.000
Property Summary
- Two adjacent fields Zoned "H2" Residential.
- Planning permit for 19 residential plots. (expired in 2014)
- Parcels extending to approx. 15,387 sq.m in total (13,305 sq.m. which is a 10/11 share of 14,636 sq.m and additional 2,532 sq.m.)
- Vacant possession.
Contact Us
Contact Us
Downloads
Your BidX1 Account
Log in to your BidX1 Account to view the legal documents.
Create New Account
Register for a BidX1 Account to view the legal documents.
Property description
- Two adjacent residential fields extending to approx. 15,387 sq.m. (13,305 sq.m. which is 10/11 share of 14,636 sq.m and additional 2,532 sq.m.).
- There was a planning permit issued for 19 plots along with road infrastructure and green area which expired in 2014.
- Distribution agreement in place. In addition, according to the distribution agreement the owner of the 1/11 share has no objection for the 10/11 share to be sold.
- We are informed the site area extends to approx. 15,837 sq. m.
Location
- Located in Avgorou Village, Famagusta District, under Land Reg. No. 0/2662 and 0/2666.
- The fields are situated approx. 700 meters from Avgorou village centre and approx. 30 meters from the Avgorou – Ormidia main road.
- The immediate area of the property is characterised mainly residential units such as houses and empty residential zoned land.
Tenancy
Vacant possession.
Zoning
The fields fall within the "H2" residential zone which allows for 90% building density, 50% coverage density, 2 floors and 8.3 meters 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. 15,837 sq.m.
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
VAT
Helpful links
*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.
Congratulations!
You're the highest bidder
You will receive an email from our team shortly to outline the next steps.
If you have purchased a property in the UK or Ireland, you'll need to pay the remainder of your deposit via My Account.
You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
If you have any questions in the meantime, we're here to help: