Auction
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Touristic plot in Pentakomo, Limassol

  • Auction
  • Lot 13
  • Cyprus
  • Land/Site
  • Residential

Sold for €177.000

Property Summary

  • “T1ε” touristic zoned regular shaped corner plot.
  • Extending to approximately 1.138 sq. m.
  • Potential for residential and touristic development (subject to obtaining all necessary consents).
  • Vacant possession.
  • The plot benefits from the Housing Plan of Revitalization of Specific Rural areas (see Zoning paragraph for more details).

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

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Property description

  • Regular shaped residential corner plot.
  • North-western frontage to a public registered road of approx. 24 meters.
  • Attached to a pedestrian pathway along its southern boundary.
  • Within close proximity to the sea.
  • We have been informed that the property extends to approximately 1.138 sq. m.

Location

  • The property is located in Pentakomo village, Limassol District, under Reg.No. 0/16106.
  • The property abuts on registered road along its norther and western boundaries and is primarily situated approx. 150 m. northwest of “Governor’s beach” seafront, approx. 950 m. south of the Limassol-Nicosia (A1) motorway and approx. 3.7 km southeast of Pentakomo village centre.
  • The wider area of the property mainly consists of beachfront restaurants as well as villas and apartments.

Tenancy

  • Vacant possession.

Zoning

  • Within the T1ε touristic Zone which allows for:
    • Hotel: 50% building density, 25% building coverage, 3 floors and up to 13.10 meters height.
    • Touristic Village/Villas: 45% building density, 25% building coverage, 2 floors and up to 8.30 meters height
    • House: 30% building density, 20% building coverage, 2 floors and up to 8.30 meters height
  • 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/building 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 1.138 sq. m.
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.
  • Red outline in the image is for identification purposes only.

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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