Auction
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One Bedroom Apartment in Ayios Georgios (parish), Latsia, Nicosia

  • Auction
  • Lot 20
  • Cyprus
  • Apartment
  • Residential

Sold for €98.000

Property Summary

  • One bedroom apartment in Latsia, Nicosia.
  • It has exclusive right of use one covered parking space and storage room on the ground floor.
  • Private swimming pool. 
  • Extending to approximately 57 sq. m. of internal area, approx. 13 sq. m. covered verandas and 128 sq.m. yard.
  • Vacant possession.
  • ±7.5% ROI potential.

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

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Property description

  • One-bedroom apartment with door No. 001.
  • It has exclusive right of use one covered parking space and storage room on the ground floor. 
  • Private swimming pool. 
  • The building was constructed approx. in 2009. 
  • Separate Title Deed.
  • We have been informed that the property extends to approximately 57 sq. m. of internal, approx. 13 sq. m. of covered verandas and 128. sq.m. yard.
  • In line with the current market trends, this property has a potential to generate a ROI in the range of ±7.5%

Location

  • The property is located in Ayios Georgios parish, of Latsia Municipality, Nicosia District, under Land Reg. No. 0/7066.
  • The property is part of a residential building with the name “Tonia Court 6” situated on Ayiasmaton street.  
  • The property is situated approx. 500 m. west of Makariou ||| Avenue and approx. 150 m southeast of Municipal Hall of Latsia.
  • The immediate area of the property is mainly characterized by residential and commercial developments ranging from apartment buildings to shops and offices respectively.

Tenancy

  • Vacant possession.

Zoning

  • The property falls within the Εβ3 Commercial Zone which allows for 160% building density, 50% building coverage, 6 floors and up to 24 m. height.

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:

  • One-bedroom apartment with private swimming pool. 
  • Interested parties are advised to undertake their own inquiries to confirm property / building measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

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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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