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Touristic Plot in Agros, Limassol

Auction
Cyprus
Land/Site
Commercial

RESERVE   €20.000

Bidding deposit €2.000 *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

  • 50% Share of Touristic plot in Agros village zone T1δ.
  • Extending to approx. 437 sq.m. out of 874 sq.m. (50% Share)
  • Potential for residential and touristic development (subject to obtaining all necessary consents).
  • The sale of the property, which comprises of a 50% 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
  • Vacant possession.
  • The plot benefits from the Housing Plan of Revitalization of Hill, Rural areas and disadvantage areas (see Zoning paragraph for more details).

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.

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Property description

  • 50% Share of Touristic plot.
  • The property has a total frontage of approx. 28 m.  
  • We have been informed that the property extends to approx. 437 sq.m. out of 874 sq.m. (50% Share).

Location

  • The property is located in Agros village, Limassol District, under Reg.No. 0/14759.
  • The property abuts on Potamitissa-Agros (E806) main road along its north-western and is situated approx. 270 m. south of Rodon Hotel, approx. 1 km south of Glafkos Klerides sporting centre and approx. 1.3 km south of Agros village centre.
  • The immediate area of the property is mainly characterized by residential units such as houses and holiday apartments.

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 “T1δ” Touristic zone. More information available in Table 1 below:
  • The plot 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. All subsidizations are subject to approval/rejection by the government/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:

  • Share of residential plot extending to approx. 437 sq.m. out of 874 sq.m. (50% Share)
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.

Tenancy

  • Vacant possession.

Tenancy Schedule

Table 1

PLANNING ZONE

USE

DENSITY

COVERAGE

FLOORS

HEIGHT (meters)

Τ1δ

Hotel

50%

25%

3

13,10

Touristic village/Villas

45%

25%

2

 8,30

Housing

30%

20%

2

8,30


*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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