Lot 7
Auction
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Residential Plot in Strovolos, Nicosia

Auction
Cyprus
Land/Site
Commercial

RESERVE €225.000

Bidding deposit €4.500 *fully refundable if unsuccessful bidder

Extension period added...

Auction Date 30 November
Closing Time To be Confirmed

Property Viewings

Viewings have not yet been scheduled for this property.

Property Summary

  • “Kα8” Residential zoned plot in Strovolos Municipality, Nicosia.
  • Extending to approximately 692 sq. m.
  • Vacant possession.

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Residential plot with regular shape and a smooth and flat surface.
  • The property has frontage to registered road of approx. 25 m along its southern border.
  • We are informed that the property extends to approx. 692 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 Apostolos Varnavas and Ayios Makarios quarter, within the Municipality of Strovolos, in Nicosia District, under Reg.No. 0/13162.
  • The property is on Filimonos street and it is located approximately 50 m. west of Ayios Fanourios Church, approximately 900 m. southwest from GSP Stadium and approximately 1.1 km west of Nicosia – Limassol motorway (A1).
  •  The surrounding area enjoys facilities such as schools, churches, gas stations and kiosks.
  • The immediate area of the property consists of residential units such as luxury houses within large plots as well as residential land.

Tenancy

  • Vacant possession. 

Zoning

  • The property falls within the Kα8 Residential Zone, which allows for 60% building coefficient, 35% building coverage, 2 floors and up to 10,00 m. height.

Accommodation

The land 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 692 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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