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Residential Building in New Marina & Port Area, Larnaca

Auction
Cyprus
House
Residential

Asking Price €135.000

Property Viewings

Viewings have not yet been scheduled for this property.

Property Summary

  • A 50% share of a two-storey residential building.
  • The property extends to 143 sq.m. of enclosed area, 6 sq.m. covered verandas and 16 sq.m. uncovered verandas
  • Within a building plot extending to 539 sq.m. 
  • Built of 1995.
  • Title Deed available.
  • Abuts public green area and it is located in a very close proximity to the upcoming marina and port in Larnaca.
  • The sale of the property, which comprises of a property share 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.
  • The property 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).

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.

Contact Us

Michael Erotokritou
Michael Erotokritou
Property Agent, here to help.

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Property description

  • Two-storey residential building in Sotiros Parish, Municipality of Larnaca. 
  • The property is divided into a ground floor consisting of an open plan space which is used as a workshop, a kitchen area, and a guest toilet.
  • The first floor (elevated floor) consists of 2 bedrooms, a bathroom, a small covered and uncovered veranda.

Location

  • The property is located 135m north of Spyros Kyprianou Avenue and 200m east of Alexandrou Panagouli Avenue and it is situated in Sotiros parish, Municipality of Larnaca with Reg No. 2/398

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the “Κα4” Residential Zone which allows 120% building coefficient, 50% building coverage, 3 floors and up to 13,5 meters height.

VAT

Please refer to Legal Documents


*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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