Agricultural Field in Paralimni, Famagusta
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Auction
- Lot 33
- Cyprus
- Land/Site
- Residential
Sold for €50.000
Property Summary
- “Γα4” Agricultural zoned field.
- Extending to approximately 10,365 sq. m. out of 20,731 sq.m. (50% Share)
- Vacant possession.
- “The sale of the property, which comprises of a 50% 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”.
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Property description
- Agricultural field with partly flat and even surface.
- The property is situated approx. 40 m. from the closest registered road.
- We are informed that the property extends to approximately 10,365 sq. m. out of 20,731 sq.m. (50% Share).
- The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.
Location
- The property is located in Paralimni Municipality, Famagusta district, under Land Reg. No. 0/9337.
- It is situated approx. 40 m. east of Asklipiou Street, approx. 440 m. west of Filotheis Street, approx. 800 m. west of 1st of April Avenue and approx. 1,1 km north of Larnaca – Famagusta motorway (A3).
- The immediate area of the property mainly consists of agricultural land as well as residential developments such as holiday houses.
Tenancy
- Vacant Possesion
Zoning
- The property falls within the “Γα4” Agricultural Zone, which allows 10% building coefficient, 10% building coverage, 2 floors and up to 7 meters 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 10,365 sq. m. out of 20,731 sq.m. (50% Share)
- 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.
