Lot -
Auction
Favourite icon active Favourite icon inactive

Incomplete Houses & Land in Moni, Limassol

Auction
Cyprus
Houses (Multiple)
Residential

RESERVE  €650.000

Available viewing

Please contact us to enquire about arranging a viewing.
Phone
+357 22 000380
Email
info@cy.bidx1.com

Property Summary

  • Semi-completed residential development
  • Comprises 2 x two-storey detached houses, 1 x two-storey detached villa and 6.434sq.m. of development land
  • Potential for further residential development (subject to obtaining all necessary consents).
  • Vacant possession.

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.

Downloads

Property description

  • The asset is a 113977/125000 share of a 13.044 sq.m. field which corresponds to two semi-completed houses, one incomplete villa and 6.434sq.m. of development land.
  • Distribution agreement in place. 
  • The development currently comprises of a total of seven residences (four of them are completed and sold) and an EAC substation.
  • The development has obtained a planning permit ΛΕΜ/00911/2008 dated 27/01/2010 for the division of the field and the construction of a residential development comprised of 29 residences, two public green areas, an EAC substation and 8 public parking spaces.
  • It has also obtained a Cover Building Permit No.013517 dated 17/01/2011 for the construction of 29 prefabricated residences with swimming pools and fencing.
  • Τhe green area, part of the road and the EAC substation have already been constructed.
  • House no.27: two storey detached house at approx. 90% stage of completion built on a 335 sq.m. corner plot of land. It comprises 132 sq.m. of internal area and 22 sq.m. of covered verandas and consists of an open plan living and dining area with kitchen on the ground floor and three bedrooms with en-suite bathrooms on the first floor. Externally, it comprises a swimming pool and garden.
  • House no.26: two storey detached house at approx. 90% stage of completion built on a 303 sq.m. plot of land. It comprises 132 sq.m. of internal area and 22 sq.m. of covered verandas and consists of an open plan living and dining area with kitchen on the ground floor and three bedrooms with en-suite bathrooms on the first floor. Externally, it comprises a swimming pool and garden.
  • Villa “Zeus”: two storey detached villa at approx. 40% stage of completion built on a 1.130 sq.m. plot of land. Upon completion, it will comprise 424 sq.m. of covered areas and will consist of an open plan kitchen-living room area, a guest toilet and a bedroom with en-suite shower on the ground floor and four bedrooms with en-suite bathrooms on the first floor. Externally, it will comprise four covered parking areas, an elevated residence with kitchen, living area, bedroom and a bathroom, a swimming pool and a BBQ kiosk with WC. We have been informed that the “Zeus” villa is in poor condition.
  • Remainder development land: 6.434sq.m. of empty development land with potential of constructing 22 houses.
  • The sale of the property, which comprises of a 113977/125000 share of a field, 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.

Location

  • The property is located in Moni village, Limassol District, under Reg.No. 0/7890.
  • The property abuts on registered road along its northern boundary and is situated approx. 280 m. northeast of the village centre, approx. 450 m. northwest of the Moni-Monagroulli (E108) main road, approx. 1.2 km northwest of the Limassol-Nicosia (A1) motorway and approx. 3.7 km north of the seafront.
  • The wider area of the property mainly consists of relatively newly developed houses and villas as well as empty residential plots of land.

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

  • Within the H4 Residential Zone which allows for 40% building density, 25% building coverage, 2 floors and up to 8.30 meters height.

Accommodation

The asset was not inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • Incomplete residential development comprising three residences and empty development land
  • It is recommended that interested parties 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.

days hours minutes second seconds Bidding Closed