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Residential field in Kathikas, Paphos

Auction
Cyprus
Land/Site
Commercial

RESERVE €120.000

Available viewing

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

Property Summary

  • Κα10β” Residential zoned field.
  • Extending to approximately 8,027 sq. m.
  • Vacant possession.
  • The property benefits from the Housing Plan of Revitalization of Exceptionally Distant, Small sized and Distant areas (See Zoning paragraph for more details).

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Residential field with relatively smooth and even surface.
  • The property abuts on a registered road along its eastern boundary with frontage of approx. 134 m.
  • We have been informed that the property extends to approximately 8,027 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 within Kathikas village in Paphos district, under Land Reg. No. 0/10901.
  • It abuts on a registered road and it is situated approximately 65 m. west of Agiou Ipatiou street and approximately 820 m. north-west of Kathikas village.
  • The immediate area of the property mainly consists of residential units such as houses as well as vacant land. The wider area of the property is served from restaurants and touristic apartments.

Tenancy

  • Vacant Possession. 

Zoning

  • The property falls within the Κα10β Residential Zone, which allows 30% building coefficient, 20% building coverage, 2 floors and up to 7 meters height.
  • The property benefits from the Housing Plan of Revitalization of Exceptionally Distant, Small sized and Distant areas. The Plan concerns of financial support for the development of a permanent first-home residence in areas where the Plan is in force. Depending on the beneficiary person and the requirements, the buyer can benefit from €35.000 to €70.000 construction costs. All subsidizations are subject to approval/rejection by the government/local authorities. More information available here

Accommodation

The property 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 8,027 sq. m.
  • Interested parties are recommended to undertake their own inquiries 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.

*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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