Auction
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Field in Latsia, Nicosia

  • Auction
  • Lot 7
  • Cyprus
  • Land/Site
  • Residential

Sold for €51.000

Property Summary

  • Share 42% (1.618 sq.m.) of mixed residential and special uses field.
  • Extending to a total area of approx. 3,884 sq. m.
  • Potential for residential and commercial development (subject to obtaining all necessary consents).
  • Vacant possession.

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

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Property description

  • 42% Share (1.618 sq.m.) of Mixed Residential and Special Uses field extending to a total area of approx. 3.884 sq.m.
  • The property features a relatively even and smooth surface.
  • Ideal for residential and/or commercial development.
  • Within a close proximity from the nearest registered road
  • We have been informed that share for sale extends to approx. 1.618 sq.m.

Location

  • The property is located in Agios Georgios parish, Latsia municipality, Nicosia District, under Reg.No. 3/328.
  • The property abuts on a registered pathway along its southern boundary and is situated approx. 60 m. west of the nearest public registered road.
  • It is located approx. 80 m. west of the Limassol-Nicosia (A1) motorway, approx. 190 m. south of Agias Sofias street which connects west side of Latsia with the centre of Latsia, approx. 375 m. south of Spyrou Kyprianou street which connects Latsia with the wider area including Lakatamia and Strovolos, approx. 1.3 km south of GSP Stadium and approx. 200 m. north of University of Cyprus department.
  • The immediate area of the property features relatively newly built residential houses and villas.

Tenancy

  • Vacant possession.

Zoning

The property falls within the following planning zones:

  • 50% of the land falls within the Kα8 Residential zone, which allows for 60% building coefficient, 35% building coverage, 2 floors and up to 10m. height.
  • 50% of the land falls within the EX Special use zone, which allows for 80% building coefficient, 45% building coverage, 2 floors and up to 10m. height.

Accommodation

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

  • 42% share of land representing an area of 1.618 sq.m. of a total land area of approximately 3.884 sq.m.
  • It is recommended that interested parties 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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