Share of Residential field in Aradippou, Larnaca
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Auction
- Lot 16
- Cyprus
- Land/Site
- Commercial
Sold for €95.000
Property Summary
- “Κα6” Residential zoned field.
- Extending to approximately 1,856 sq. m. out of 3,503 sq.m. (52.98% Share)
- Distribution Agreement in place.
- Planning permit exists for the construction of 5 houses. (Expired)
- Vacant possession.
- “The sale of the property, which comprises of a 52.98% share of a field/plot, 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
- Residential field with flat and even surface.
- The property is adjacent to a registered road for approx. 63 m. along their northeast boundary.
- The property is affected by the construction of a public road along its northeast boundary.
- Distribution Agreement in place.
- Planning permit exists for the construction of 5 houses. (Expired)
- We have been informed that the property extends to approximately 1,856 sq. m. out of 3,503 sq.m. (52.98% Share). After the proposed plot division the net area of the property will be 1,193 sq.m.
Location
- The property is located in Agios Fanourios parish, Aradippou Municipality, Larnaca district, under Land Reg. No. 7/171.
- The property is situated on Archbishop Paisios Street, approximately 230 m. south of Ellados Avenue (E323), approximately 980 m. northwest of Vergina Highschool, approximately 1.2km west of AEK Arena Football stadium and approximately 1.3km east of Larnaca - Famagusta Motorway (A3).
- The immediate area of the property mainly consists of residential units such as houses as well as residential land.
Tenancy
- Vacant Possesion
Zoning
- The property falls within the “Κα6” Residential Zone which allows for 90% building density, 50% building coverage, 2 floors and up to 10 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 properties provide:
- Site area extending to approximately 1,856 sq. m. out of 3,503 sq.m. (52.98% Share)
- It is recommended that interested parties 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.
