Lot 2 1/2 Share Plot in Archangelos Michael (parish), Kato Polemidia, Limassol

Bidding Closed

SOLD FOR

76.000 €

Property Enquiries

Solonas Charalambous

solonas.charalambous@bidx1.com
96 191100

Viewing/ Registration Enquiries

BidX1 Support Team

info@cy.bidx1.com
+357 22 000380

Vendor Lawyer

Panagos & Panagos

info@panagoslaw.com
+357 22671671
Description
Map
Viewings

Property Summary
  • 50% Share of residential plot in Municipality of Kato Polemidia, Limassol.
  • Extending to approx. 259 sq.m. out of 518 sq.m. (50% Share)
  • Potential for residential development (subject to obtaining all necessary consents).
  • Vacant possession.
Location
  • The property is located in Municipality of Kato Polemidia, Limassol District, under Reg.No. 0/25587.
  • The property is adjacent to Reas street along its east border, and it is situated approx. 100 m. southwest of the Church of Archangel Michael, approx. 195 m. south-west of Pafou Avenue, approx. 250 m. south of Paphos Junction and approx. 320 m. west of Andrea Araouzou Avenue.
  • The immediate area of the property is mainly characterized by residential units such as houses and apartment buildings.  
Description
  • 50% Share of residential plot.
  • The property has frontage of approx. 11 m. and has flat and even surface.  
  • Ideal for housing development.
  • We are informed that the property extends to approx. 259 sq.m. out of 518 sq.m. (50% Share)
  • The sale of the property, which comprises of a 1/2 share of a plot, 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.
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:

  • Share of residential plot extending to approx. 259 sq.m. out of 518 sq.m. (50% Share)
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.
Tenancy
  • Vacant possession.
Zoning
  • The property falls within the “Κα5” Residential zone, which allows for 100% building coefficient, 50% building coverage, 3 floors and up to 13.50 m. 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: 739 / 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