Residential field in Polemi, Paphos
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Auction
- Lot 2
- Cyprus
- Land/Site
- Residential
Sold for €39.000
Property Summary
- “H3” Residential zoned field.
- Extending to approximately 1,673 sq. m.
- Potential for residential development (subject to securing all necessary consents)
- Vacant possession.
- The property benefits from the Housing Plan of Revitalization of Hill, Rural areas and disadvantage areas (see Zoning paragraph for more details).
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Property description
- Residential field.
- Within close proximity to the nearest registered road.
- We have been informed that the subject property extends to approximately 1,673 sq. m.
Location
- The property is situated in Polemi village, Paphos district, under Land Reg. No. 0/9161.
- The property is situated approximately 60 m. north of the nearest registered road, approx. 430 m. south of Pyrgos main road and approx. 530 m. south of the seafront.
- The immediate area mainly consists of empty parcels of land and a sporadic residential development of houses and villas.
Tenancy
- Vacant possession.
Zoning
- Within the H3 Residential Zone which allows for 60% building density, 35% building coverage, 2 floors and up to 8,30 meters height.
- The property benefits from the Housing Plan of Revitalization of Hill Rural areas and disadvantage 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 €20.000 to €55.000 construction costs. Important Note: All applications related to the subsidization scheme are subject to confirmation/rejection by the relevant local authorities.
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 1,673 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.
