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Commercial Plot in Panagia (parish), Nicosia

Auction
Cyprus
Land/Site
Commercial

RESERVE  €540.000

Bidding deposit €10.000 *fully refundable if unsuccessful bidder

Extension period added...

Auction Date 15 December
Closing Time 11:00:00 (GMT+2)

Available viewing

This property is available to view at your own discretion. Please contact the BidX1 Surveyor if you require assistance with directions or property related queries.
Phone
+357 22 000380
Email
info@cy.bidx1.com
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Property Summary

  • Εβ3” zoned regular shaped commercial plot.
  • Extending to approximately 979 sq. m.
  • Potential for commercial/mixed-use development (subject to obtaining all necessary consents)
  • Vacant possession.

Contact Us

Kritonas Onisiforou
Kritonas Onisiforou
Property Agent, here to help.

Contact Us

Kritonas Onisiforou
Kritonas Onisiforou
Property Agent, here to help.

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Property description

  • Regular shaped commercial plot with flat and even surface.
  • The property has road frontage of approx. 30 m. along its south boundary onto John Kennedy Avenue.
  • We are informed that the property extends to approximately 979 sq. m.

Location

  • The property is situated in Panayia parish, Nicosia Municipality, in Nicosia district, under Land Reg. No. 5/2470.
  • The property is adjacent to John Kennedy Avenue having a total frontage of approx. 30 m. and it is situated approx. 650 m. west of Sopaz roundabout and Ammochostou avenue.
  • The immediate area of the property is mainly characterized by mixed-use development and mainly consists of shops, offices, apartments, and houses.
  • The property benefits from easy access towards the rest of the city and it is close to many services, amenities, and schools.

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

Zoning

  • The property falls within the Eβ3 Commercial Zone which allows for 160% building density, 50% building coverage, 6 floors and up to 24,00 meters 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 approximately 979 sq. m.
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

Tenancy

  • Vacant possession.

*Terms & Conditions

Islanders Estate Agencies Ltd as a licensed Estate Agent, T/A BidX1 Cyprus Sales, Registration No: 799 / 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.

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