2 x Incomplete Shops & Land for Development in Tsada, Paphos
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Auction
- Lot 7
- Cyprus
- Commercial Building
- Commercial
Sold for €170.000
Property Summary
- Two incomplete shops plus vacant land for further development.
- We are informed that the incomplete shops extend to a total of approx. 170 sq. m. of internal area plus 80 sq.m. mezzanine, within a land of approx. area of 1,840 sq.m.
- Vacant Possession.
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Property description
- Two incomplete shops plus vacant land for further development.
- The incomplete units started construction approx. 9 years ago.
- Potential to finish works for the units and further development within the vacant land.
- Big frontage on the main road connecting Paphos to Polis Chrysochous (B7), a strategic position for shops, which there is lots of traffic every day
- We are informed that the incomplete shops extend to a total of approx. 170 sq. m. of internal area plus 80 sq.m. mezzanine, within a land of approx. area of 1,840 sq.m.
- The sale of the property, which comprises of a 8179/10000 share of a field, 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
Location
- The property is located in Tsada village, Paphos municipality, Paphos district, under Land Reg. No. 0/13071 & 0/13072.
- The property abuts on the main road connecting Paphos to Polis Chrysochous (B7) and is situated approx. 9 km north from the centre of Paphos Municipality.
- The immediate area of the property is mainly characterized by commercial and residential units such as shops, houses and villas.
Tenancy
- Vacant Possession.
Zoning
- The property falls within the “H3” Residential Zone, which allows 60% building coefficient, 35% building coverage, 2 floors and up to 8,30 meters height.
Accommodation
The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Two incomplete shops plus vacant land
- 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.
