Plot in Emba, Paphos
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Auction
- Lot 13
- Cyprus
- Land/Site
- Residential
Sold for €100.000
Property Summary
- “Ka5” residential zoned plot with regular shape and even surface
- Share of plot extending to approximately 901 sq. m. out of 1,802 sq.m. (50% share.)
- As this is a sale of shares in land without a distribution agreement in place, this sale is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.
- Vacant possession.
- The plot benefits from the Housing Plan of Revitalization of Specific Rural areas (see Zoning paragraph for more details).
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Property description
- Residential plot with regular shape and even surfaces.
- The plot has road frontage of approx. 50 m. along its eastern border.
- No distribution agreement in place.
- As this is a sale of shares in land without a distribution agreement in place, this sale is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.
- We are informed that the property share extends to approximately 901 sq. m.
Location
- The plot is located within Emba village, Paphos District, under Land Reg. No. 0/10768.
- The property is situated approx. 500 m. north from the conjunction of Makariou III and Empas Avenues, approx. 1 km from the centre of Emba village and approx. 2 km from the main tourist road of Paphos.
- The immediate area is mainly characterized by residential development such as houses.
Tenancy
- Vacant Possession.
Zoning
- The property falls within Ka5 Residential Zone, which allows 100% building coefficient, 50% building coverage, 3 floors and up to 13,50 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 share area extending to approximately 901 sq. m.
- Interested parties are advised to undertake their own inquiries to confirm property / building measurements.
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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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