Proposed Development in Ayios Nikolaos (parish), Lakatamia, Nicosia
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Auction
- Lot 1
- Cyprus
- Derelict Building
- Residential
Sold for €125.000
Property Summary
- Incomplete residential building part of a unified development.
- Within a plot extending to approx. 436 sq.m. (See table below for more info).
- Distribution agreement in place.
- Vacant possession.
- The sale of the property, which comprises of shares of fields, 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.
- This property has a minimum conditional price subject to confirmation (STC). The highest offer is subject to approval by the vendor, who has a maximum of 2 working days to respond. In the meantime and in case of approval by the vendor the highest offer placed will be mutually binding. You will find more information in the Terms and Conditions
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Property description
- Incomplete residential building part of a unified development.
- Within a plot extending to approx. 436 sq.m.
- Distribution agreement in place.
- We are informed that the property is within a plot extending to approx. 436 sq.m. (See table below for more info).
Location
- The property is located within Agios Nikolaos parish, in Lakatamia Municipality, Nicosia District under
- Land Reg.No 6/601, 6/602, 6/603 & 6/604.
- The property is situated on Alexandrias Street along its west border and on Giannou Kranidioti Avenue along its east border approx. 450 m. north of Pefkou Avenue and approx. 820 m. west of the old Lakatamia Air Base.
- The immediate area is mainly characterized by residential units such as apartment buildings and houses.
Tenancy
- Vacant possession.
Zoning
- The property falls within the “Κα7” Residential Zone, which allows for 80% building coefficient, 45% building coverage, 2 floors and up to 10 meters height.
Accommodation
The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Incomplete residential building.
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
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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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You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
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