Lot 2
Auction
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Residential Plot in Ormideia, Larnaca

Auction
Cyprus
Land/Site
Residential

Sold for €27.000

Property Summary

  • “H2” residential zoned regular shaped plot.
  • Extending to approximately 442 sq. m.
  • Potential for residential development (subject to obtaining all necessary consents).
  • Vacant possession.
  • The plot benefits from the Housing Plan of Revitalization of Specific Rural areas (see Zoning paragraph for more details).

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.

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Property description

  • Regular shaped residential plot with flat even surface.
  • The property has a road frontage of approx. 12 meters along its west border on Georgiou Karaiskaki street.
  • We are informed that the property extends to approximately 442 sq. m.

Location

  • The plot is located within Ormideia village, Larnaca District, under Land Reg. No. 0/2604.
  • The property is adjacent to Georgiou Karaiskaki street along its west boundary and it is located approx. 240 m. northeast of St. Konstantinos Alamanou Church, approx. 110 m. north of Anexartisias Avenue and approx. 1.2km north of Larnaka – Famagusta motorway (A3).
  • The immediate area is characterized mainly by residential units such as houses as well as residential land.

VAT

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

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.
  • The plot benefits from the Housing Plan of Revitalization of Specific Rural areas. The Plan concerns of financial support for the development of a permanent first-home residence in areas where the Plan is in force. Depending on the beneficiary person and the requirements, the buyer can benefit from €15.000 to €20.000 for acquiring a House.

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 442 sq. m.
  • Interested parties are advised to undertake their own inquiries to confirm property measurements.

Tenancy

  • Vacant possession.

*Terms & Conditions

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.

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