Auction
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Residential Field in Arediou village, Nicosia

  • Auction
  • Lot 3
  • Cyprus
  • Land/Site
  • Residential

Sold for €130.000

Property Summary

  • A triangular shaped field zoned “H2” residential.
  • Extending to approx. 5,352 sq. m.
  • Potential for residential development (subject to obtaining all necessary consents).
  • Vacant possession.

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Triangular shaped field with flat and even surface. 
  • The property has road frontage along its northwest border of approx. 73 m. and along its southern border for approx. 100 m.  
  • We are informed the property extends to approx. 5,352 sq.m.

Location

  • The property is located at Arediou village, Nicosia District, under Reg.No. 0/9950.
  • Arediou village is located approx. 11km Southwest of Lakatamia Municipality.
  • The property is approx. 1.2km North of Malounta village and approx. 3.6km Southwest of the industrial area of Ergates village. The immediate area of the property is mainly characterized by empty residential fields as well as residential units such as houses.

Tenancy

  • Vacant possession.

Zoning

  • The property falls within the H2 Residential Zone, which allows for 90% building coefficient, 50% building coverage, 2 floors and up to 8,30 m. 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 approx. 5,352 sq. m.
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

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.

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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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