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Touristic Field in Sotira (Agia Thekla), Famagusta

Auction
Cyprus
Land/Site
Commercial

RESERVE €795.000

Available viewing

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

Property Summary

  • Τ2β” touristic zoned field
  • Extending to approximately 8,518 sq. m.
  • Within a very close proximity to the new Ayia Napa Marina.
  • Potential for residential/ touristic development (subject to obtaining all necessary consents).
  • Vacant possession

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Regular shaped touristic field with flat and even surface.
  • The property abuts on an under-registration road along its southwestern boundary and is affected by future public road network construction along its west and east borders according to the cadastral plan.
  • Located in one of the most sought-after areas of the island, the property is placed at a very close distance to the new Ayia Napa Marina which includes shopping areas, restaurants, luxury living and a yacht club among the many amenities offered within the Marina.
  • We have been informed that the property extends to approximately 8,518 sq. m.
  • 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 Sotira Village, Ammochostos district, under Land Reg. No. 0/3735.
  • The property is situated approx. 450 m. north of Sirens Beachfront, approx. 1,7 km. west of the new Ayia Napa Marina, approx. 180 m. north of Agia Thekla Avenue and approx. 115 m. south of Larnaca – Famagusta motorway (A3).
  • The immediate area of the property is mainly characterized by touristic developments primarily houses, residential complexes, hotels under development as well as touristic land.

Tenancy

  • Vacant possession

Zoning

  • The property falls into T2β touristic zone which allows for different developments. See below table

 

 

Accommodation

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

  • Site area extending to approximately 8,518 sq. m.
  • It is recommended that interested parties undertake their own inquiries to confirm property / building measurements.

Additional Detail

 

PLANNING ZONE

USE

DENSITY

COVERAGE

FLOORS

HEIGHT (meters)

Τ2β

Hotel

40%

20%

3

13,10

Touristic village/Villas

35%

20%

2

8,30

Housing

20%

20%

2

8,30

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.

*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.

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