Lot 5 Residential Field in Ypsonas, Limassol

Bidding Closed

SOLD FOR

192.000 €

Property Enquiries

Solonas Charalambous

solonas.charalambous@bidx1.com
+357 96 191100

Viewing/ Registration Enquiries

BidX1 Support Team

info@cy.bidx1.com
+357 22 000380

Vendor Lawyer

Loukis Papaphilippou & Co LLC

l.papaphilippou2@papaphilippou.eu
+357 22271000
Description
Map
Viewings

Property Summary
  • Residential field zoned “NEA” (soon to change to “H3”).
  • The property falls under the jurisdiction of SBA (Sovereign British Area)
  • Extending to approximately 2.841 sq. m.
  • Potential for residential development (subject to obtaining all necessary consents).
  • Vacant possession.
Location
  • The property is located in Ypsonas Municipality, Limassol District, under Reg.No. 4/163.
  • The property abuts on Agiou Nikolaou street along its western boundary which connects Ypsonas with Trachoni village to the south.
  • The property is situated approx. 450 m. south of Ypsonas-Kolossi main road, approx.  550 m. southwest of Agios Georgios church, approx. 2.6 km southwest of New Hospital round about, approx. 4 km northwest of My Mall and the new Casino and approx. 1.7 km southwest of Limassol-Paphos (B1) motorway.
  • The wider area of the property consists of affluent houses and empty residentials fields.
Description
  • Residential plot with relatively smooth and even surface.
  • Wide frontage of approx. 99 meters onto a registered road along its western boundary.
  • The property currently falls under the jurisdiction of SBA (Sovereign British Area). According to the recent changes in legislation, the subject areas will soon be under the control of Cypriot government and legislation. Based on the published maps, the subject property will fall under the residential zone H3.
  • We have been informed that the property extends to approximately 2.841 sq. m.
Accommodation

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

  • Site area extending to approximately 2.841 sq. m.
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.
Tenancy
  • Vacant possession.
Zoning
  • The property currently falls within the “NEA” (Natural Expansion Area) planning zone which according to official information from the relevant authorities, it will soon change to H3 which allows 60% building density, 35% building coverage, 2 floors and up to 8.30 meters height.
VAT
Vat is applicable to this sale - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is subject to VAT as well as, the exact amount payable

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 Solonas about this property