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Development land in Ayia Napa, Famagusta

  • Auction
  • Cyprus
  • Land/Site
  • Commercial

Sold for €165.000

Property Summary

  • Development field zoned Γα1, in Ayia Napa, Famagusta.
  • Extending to approx. 1,437 sq.m.
  • Wide frontage onto a registered road.
  • Potential for residential development (subject to obtaining all necessary consents).
  • 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. 

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Property description

  • Development land in Ayia Napa.
  • Features a relatively smooth incline from north to south allowing for panoramic views to the sea.
  • According to Ayia Napa Policy Statement, properties that fall within Γα1 planning zone and have a land area up to 4.000 sq.m. are eligible for the construction of a single house. More details in Zoning paragraph below.
  • Wide frontage onto a registered road of approx. 30 meters along its eastern border.
  • We have been informed that the property extends to approximately 1.437 sq. m.

Location

  • The property is located in Ayia Napa municipality, Famagusta district, under Land Reg. No. 0/3116.
  • The property is primarily located just off the Protaras – Cape Greco avenue at approx. 200 m. north enjoying good accessibility towards both Protaras at approx. 3 km north and Ayia Napa at approx. 5 km west.
  • It is situated approx. 500 m. northwest of a popular 5* hotel and the famous Konnos beach, approx. 3 km northwest of Cape Greco and approx. 2 km north of Sea Caves.
  • The immediate area of the property is sparsely populated with upper-class villas situated mainly on the same street.

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the "Γα1" Agricultural Zone which allows for 5% building coefficient, 5% building coverage, 2 floors and up to 7 meters height.
  • According to Ayia Napa Policy Statement, properties that fall within Γα1 planning zone and have a land area up to 4.000 sq.m. are eligible for the construction of a single house with a maximum building density and coverage 10%, 2 floors and up to 8.30 meters height provided that the house does not exceed 240 sq.m. including covered verandas and ancillary buildings. 

Accommodation

The property 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 1.437 sq. m.
  • Interested parties are advised to undertake their own inquiries to confirm property measurements.

VAT

Please refer to Legal Documents

Helpful links

*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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