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Agricultural Field in Tseri, Nicosia

Auction
Cyprus
Agricultural Land
Commercial

RESERVE €10.000

Property Viewings

Please contact us to discuss viewings for this property.
Phone
+357 22 000380
Email
info@cy.bidx1.com

Property Summary

  • “Share of Agricultural field zoned “Γα4” in Tseri, Nicosia.
  • Extending to approximately 1.650 sq.m. out of 6.875 sq. m. (24% share).
  • Vacant possession.
  • The sale of the property, which comprises of a 24% 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”.

Contact Us

Marios Elia
Marios Elia
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Marios Elia
Marios Elia
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Share of Agricultural field.
  • The property features a rather regular shape and a relatively even surface.
  • The property has a road frontage of approx. 73m onto an under-registration road along its eastern boundary.
  • We have been informed that the property extends to approx. 1.650 sq.m. out of 6.875 sq.m. (24% 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.
  • According to the title deeds, the property is subject to the right of life interest. 

Location

  • The property is situated in the municipality of Tseri, Nicosia district, under Land Reg. No.12/633.
  • The property is located approx. 2,1 kilometres southwest from the centre of the municipality and 1,1 metres west from Analiontas avenue.
  • The immediate area mainly consists of empty parcels of land.

Tenancy

  • Vacant Possession. 

Zoning

  • The property falls within the Γα4 Agricultural Zone which allows for 10% building density, 10% building coverage, 2 floors and up to 7,00 meters height.

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 approx. 1.650 sq.m. out of 6.875 sq.m. (24% share). 
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

*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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