Auction
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Under-division plot in Parekklisia, Limassol

  • Auction
  • Lot 8
  • Cyprus
  • Land/Site
  • Residential

Sold for €135.000

Property Summary

  • Under-division residential plot zoned "H3"
  • The plot corresponds to 1.166 sq.m. out of a total field area of 2.005 sq.m. (59% share). 
  • Distribution agreement in place. 
  • Vacant possession.
  • “The sale of the property, which comprises of a 59% share of a field/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”.

 

 

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

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Property description

  • Under-division residential plot.
  • It features a relatively smooth and even surface.
  • The plot for sale relates to the southern part of the parcel. 
  • Upon division, the plot will have a road frontage of approx. 18 meters along its southeastern boundary.
  • The share for sale (59%) corresponds to the southeastern part of the field.
  • Distribution agreement in place.
  • We have been informed that the share for sale extends to approx. 1,166 sq.m. out of 2.005 sq.m..

Location

  • The property is located in Parekklisia community, Limassol District, under Reg.No. 0/19099.
  • It is located approximately 260 m northeast of the centre of Parekklisia community, approx. 300 meters south of Grigori Afxentiou street and approx. 85 meters north of the main road Pyrgos - Parekklisia.
  • The neighboring area features residential development, mainly houses.

Tenancy

  • Vacant Possesion

Zoning

  • The property falls within the H3 Residential Zone, which allows for 60% building coefficient, 35% building coverage, 2 floors and up to 8,30 m. height

Accommodation

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

  • Site area extending to approximately 1.166 sq. m. out of 2,005 sq. m. (59% Share).
  • It is recommended that interested parties undertake their own procedures to confirm property measurements.

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.

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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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