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One bedroom Apartment (A12) in Ayia Napa, Famagusta

Auction
Cyprus
Apartment
Residential

RESERVE  €35.000

Property Viewings

Viewings have not yet been scheduled for this property.

Property Summary

  • First floor one-bedroom apartment in central Ayia Napa.
  • Extending to approx. 48 sq. m. of internal area.
  • Vacant Possession.
  • ±8.5% ROI potential.
  • The sale of the property, which comprises of a one-bedroom apartment 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

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

  • The property is situated on the first floor with No. 12.
  • The building was constructed approx. in 1990.
  • The property comprises of an open plan living room with kitchen, 1 bedroom, a bathroom and a balcony.
  • The Title Deeds are yet to be issued.
  • We have been informed that the property extends to approx. 48 sq. m. of internal area.
  • In line with the current market trends, this property has a potential to generate a ROI in the range of ±8.5%.

Location

  • The property is located in Ayia Napa, Ayia Napa Municipality, Ammochostos District, under Land Reg. No. 1/321.
  • The property is centrally located on Theodosi Pieridi street, an area characterised mainly as commercial with retail shops, restaurants and bars.
  • Located next to the Ayia Napa post office, approx. 450 m. west of the Ayia Napa Monastery and approx. 300 m. north of Nissi Avenue.

Tenancy

  • Vacant Possession.

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:

  • One-bedroom apartment.
  • 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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