1/2 Share of a Τwo-storey building in Faneromeni (parish), Nicosia
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Auction
- Lot 11
- Cyprus
- Commercial Building
- Commercial
Sold for €38.000
Property Summary
- A two-storey building. (50% share)
- The shop extends to approximately 13 sq. m. internal areas and the apartment extends to approximately 85 sq. m. internal areas.
- Vacant possession.
- The sale of the property, which comprises of a 50% share of a building, 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.
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Property description
- A two-storey building consisting of a shop on the ground floor and an apartment of the 1st floor. (50% share)
- We are informed that the property extends to approximately 17 sq. m. internal areas on the ground floor and 85 sq. m. on the 1st floor.
Location
- Located within the Nicosia Municipality in Faneromeni District, adjacent to Evripidou street across its southern boundary, under Land Reg. No. 2/1230
- The property is situated approx. 60 m. northeast from Onasagorou street and approx. 250 m. southeast from the Ledras street checkpoint.
- The immediate area of the property is mainly characterized by residential developments such as houses and apartment buildings within the old town of Nicosia. The area enjoys good accessibility towards the old town and Nicosia city.
Tenancy
- Vacant possession.
Zoning
- o The property falls within the "ΕΖ-εν” Multi use Commercial, which allows 160% building coefficient, 70% building coverage, 3 floors and up to 11,50 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:
- Two-storey building. (50% share)
- Interested parties are advised to undertake their own inquiries to confirm property / building 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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