Lot 40 Ιncomplete Residential Development in Avgorou, Famagusta

Property Enquiries

Michael Erotokritou.

michael.erotokritou@bidx1.com
+357 22 000383

Viewing/ Registration Enquiries

BidX1 Support Team

info@cy.bidx1.com
+357 22 000380

Vendor Lawyer

Harris Kyriakides LLC

bankingadvisory@harriskyriakides.law
+357 24 201600
Description
Map
Viewings

Property Summary
  • Share of residential field including an incomplete residential development consisting of four under construction houses.
  • Planning permit issued for the construction of eighteen houses.
  • Extending to approximately 115 sq. m. internal area per unit within a residential field extending to 5,338 sq.m. out of 6,432 sq.m. (83% Share)
  • Vacant possession.
Location
  • Located in Avgorou Village, Ammochostos District, under Land Reg. No. 0/6673
  • The site is situated approx. 800 meters northeast of the Avgorou village centre, 1.1km northwest of the Avgorou primary school and approx. 6km west of Frenaros Village.
  • The immediate area of the property is characterised mainly by residential fields and residential units such as houses.  
Description
  • Share of a residential field including a residential development of four houses under construction.
  • Three of the houses are at the early stages of construction while one house is at the final stage of construction.
  • The houses consist open plan living/dining room and kitchen, guest toilet and one bedroom on the ground floor and two en-suite bedrooms on the first floor.
  • Building permit issued for the construction of eighteen houses which is now expired.
  • Distribution agreement available which clearly demonstrates which part is for sale.
  • We are informed the site area extends to approximately 5,338 sq. m. out of 6,432 sq.m. (83% Share)
Accommodation

The properties were not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • Share of residential field including an incomplete residential development of four under construction houses within a site area extending to approx. 5,338 sq.m. out of 6, 432 sq.m. (83% Share)
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.
Tenancy
  • Vacant possession.
Zoning

The property falls within the "H2" Residential Zone, which allows 90% building coefficient, 50% building coverage, 2 floors and up to 8,30 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 Michael about this property