Auction
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Half-share of Agricultural field in Konia, Paphos

  • Auction
  • Lot 9
  • Cyprus
  • Agricultural Land
  • Commercial

Sold for €35.000

Property Summary

  • Share of a field within “Γα5, “Δα1” and “Δα2” planning zones in Konia, Paphos.
  • Extending to approx. 5,296 sq.m. out of 10,591 sq.m. (50% Share).
  • Vacant possession.
  • The sale of the property, which comprises of a 50% 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”.
  • 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

Marios Elia
Marios Elia
Property Agent, here to help.

Contact Us

Marios Elia
Marios Elia
Property Agent, here to help.

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Property description

  • Share of a field with flat and even surface.
  • The property is situated approx. 390 m. east from the closest registered road.
  • We have been informed that the property extends to approx. 5,296 sq.m. out of 10,591 sq.m. (50% 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.

Location

  • The property is located in Konia village, district of Paphos, under Reg.No. 0/5524.
  • The property is situated approx. 25 m. south of Paphos – Limassol motorway (A6), approx. 750 m southwest from the centre of Konia village and 450 m east from Dimokratias Avenue.
  • The immediate area of the property is mainly characterized by agricultural and industrial land.

Tenancy

  • Vacant Possesion

Zoning

The property falls within three planning zones:

  • The “Γα5”, which allows for 15% building coefficient, 15% building coverage, 2 floors and up to 7 m. height.
  • The “Δα1” which allows for 0.5 % building coefficient, 0.5 % building coverage, 1 floor and up to 5 m. height
  • The “Δα2” which allows for 1% building coefficient, 1% building coverage, 1 floor and up to 5 m. respectively.

Accommodation

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

  • Site area extending to approximately 5,296 sq.m. out of 10,591 sq.m. (50% 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.

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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.

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