Residential Plot in Trachoni, Limassol
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Auction
- Lot 9
- Cyprus
- Land/Site
- Residential
Sold for €90.000
Property Summary
- THIS SALE WILL BE SUBJECT TO CONFIRMATION BY THE VENDOR.
- Residential regular shaped plot zoned “NEA” (“H2” zone provisions apply).
- The property falls under the jurisdiction of SBA (Sovereign British Area)
- Extending to approximately 607 sq. m.
- Potential for residential development (subject to obtaining all necessary consents).
- The plot benefits from the Housing Plan of Revitalization of Specific Rural areas (see Zoning paragraph for more details)
- Vacant possession.
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Property description
- Regular shaped residential plot.
- Southeastern frontage to a public registered road of approx. 16 meters.
- 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 H2.
- We have been informed that the property extends to approximately 607 sq. m.
Location
- The property is located in Trachoni village, Limassol District, under Reg.No. 0/2931.
- The property abuts on Evangelou Floraki street along its southeastern boundary and is situated approx. 700 m. northwest of Trachoni Elementary school, approx. 800 m. northwest of Agiou Mamantos church, approx. 900 m. north of Zakaki-Trachoni main road and approx. 4 km west of Mall of Limassol and the new Limassol Casino.
- The neighbouring area consists mainly of relatively new-built houses and empty residential plots.
Tenancy
- Vacant possession.
Zoning
- The property currently falls within the “NEA” (Natural Expansion Area) planning zone which allows the same factors as H2 allowing 90% building density, 50% building coverage, 2 floors and up to 8.30 meters height. According to official information from the relevant authorities, it will soon change officially to H2.
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 607 sq. m.
- It is recommended that interested parties undertake their own inquiries to confirm property 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.
