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Agricultural field in Tseri, Nicosia

  • Auction
  • Cyprus
  • Land/Site
  • Commercial

Sold for €25.000

Property Summary

  • Share of Agricultural field zoned Γα4, in Tseri, NIcosia.
  • Extending to approx. 4,706 sq.m. out of 18,823 sq.m. (25% Share).
  • Access via a registered pathway.
  • Vacant possession.
  • The sale of the property, which comprises of a 25% 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

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

Contact Us

Anna Michaelidou
Anna Michaelidou
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

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Property description

  • Agricultural field in Tseri.
  • Access via a registered pathway.
  • Situated approx 20 m. west from an under-registration road.
  • We have been informed that the property extends to approx. 4,706 sq.m. out of 18,823 sq.m. (25% 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 field is located in the municipality of Tseri, Nicosia district, under Land Reg. No. 6/325.
  • The property is situated approx. 2 km. east from the centre of Tseri and approx. 100 m east from the Tseri beltway.
  • The immediate area of the property mainly consists of empty parcels of land.

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the "Γα4" Agricultural Zone which allows 10% building coefficient,10% building coverage, 2 floors and up to 7,00 meters 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 4,706 sq.m. out of 18,823 sq.m. (25% Share).
  • Interested parties are advised to 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.

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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