Auction
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25% Share of Residential Field in Palaiometocho, Nicosia

  • Auction
  • Lot 4
  • Cyprus
  • Land/Site
  • Residential

Sold for €31.000

Property Summary

  • “H2” zoned residential field.
  • Share of field extending to approximately 1,077 sq. m. out of 4,308 sq.m. (25% share)
  • Vacant possession.

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Residential zoned field. 
  • We are informed that the property extends to approximately 1,077 sq. m. out of 4,308 sq.m. (25% share).
  • Distribution agreement has not been issued.
  • According to the division plan, the share for sale will correspond to a plot of 822 sq.m. and will be adjacent to a pedestrian pathway. 
  • The plot will have a road frontage of about 16 meters.

Location

  • The field is located within Palaiometocho village, Nicosia District, under Land Reg. No. 0/29468.
  • The property is situated approx. 700 m. southwest of Palaiometocho village center and approx. 15 km from Nicosia City Centre.  
  • The immediate area comprises of residential developments such as houses.

Tenancy

  • Vacant possession.

Zoning

  • The property falls within H2 Residential Zone, which allows 90% building coefficient, 50% building coverage, 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 approximately 1,077 sq. m. out of 4,308 sq.m. (25% share)
  • Interested parties are advised to undertake their own inquiries to confirm property / building measurements. 

VAT

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

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.

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