Lot 10
Auction
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3 Bedroom Villa in Cape Greco, Protaras, Famagusta

Auction
Cyprus
House
Residential

INVITED OPENING BID €300.000

Bidding deposit €4.500 *fully refundable if unsuccessful bidder

Extension period added...

Auction Date 30 November
Closing Time To be Confirmed

Property Viewings

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

Property Summary

  • A detached two-storey three-bedroom villa with one parking space and a private swimming pool in Cape Greco, Municipality of Paralimni, Famagusta.
  • Extending to approximately 107 sq. m. of internal areas, covered verandas of 15 sq. m., uncovered verandas of 6 sq. m, basement area of 74 sq.m. and roof area of 57 sq.m.
  • Separate Title Deed.
  • Estimated ROI yield between 8%-10%.
  • Vacant possession.
  • This property has a minimum conditional price subject to confirmation (STC). The highest offer is subject to approval by the vendor, who has a maximum of 2 working days to respond. In the meantime and in case of approval by the vendor the highest offer placed will be mutually binding. You will find more information in the Terms and Conditions. 

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

Downloads

Property description

  • Detached two-storey three-bedroom villa with door no. 7 within a complex of 11 houses under the name “Cape Greco Villas”.
  • The property consists of open plan living room/kitchen/dining area, guest toilet, 3 bedrooms and a main bathroom with toilet.
  • The property was constructed approx. in 2006.
  • Parking space available.
  • Private Swimming Pool. 
  • Exclusive right of use of yard no. 39 extending to approx. 117 sq.m.
  • Separate Title Deed.
  • Exceptionally located at walking distance from many different beachfronts, restaurants and hotels.  
  • We are informed that the property extends to approximately 107 sq. m. internal area, covered verandas of 15 sq. m., uncovered verandas of 6 sq. m, basement area of 74 sq.m. and roof area of 60 sq.m.

Location

  • Located in Municipality of Paralimni, Ammochostos District, under Land Reg. No. 0/.31303.
  • The property is situated approximately 60 m. east of Konnou Avenue, approximately 2.9 km. north of Cape Greco Peninsula, approximately 250 m. south of Leonardo Crystal Cove Hotel & Spa by the Sea, approximately 440 m. north of Konnos Beach and approximately 330 m. northeast of Grecian Park Hotel.  
  • The immediate area of the property is characterised mainly by residential complexes with villas and private swimming pools as well as hotel units.

Tenancy

  • Vacant Possesion

Accommodation

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

  • Three-bedroom accommodation.
  • Interested parties are recommended to 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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