Two Listed Buildings and an adjacent land in Skarinou, Larnaca
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Auction
- Lot -
- Cyprus
- House
- Residential
Sold for €102.000
Property Summary
- Two Listed buildings and adjacent land in Skarinou.
- “H1” Residential zoned fields.
- Extending to a total approximately 1,071 sq. m.
- Vacant possession.
- Governmental grants up to €90.000 for the restoration of a listed building (conditions apply).
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Property description
- Listed buildings, which enjoy certain benefits, such as government grants for their restoration and maintenance, additional building coefficients and tax reliefs.
- The asset with Reg. No 0/11892 is an enclosed field, with irregular shape, with partially even and inclined surface. The field on its northwest side abuts an unregistered road with a frontage id approx. 37 m.
- The buildings were constructed approx. in 1940.
- We have been informed that the relevant authorities have requested the structural reinforcement for part of the ground floor stone-masonry of one of the buildings.
- We have been informed that the subject properties extend to a total of approximately 1,071 sq. m.
Location
- The properties are situated in Skarinou, Larnaca district, under Land Reg. No. 0/11892 and 0/11890.
- The field on its northwest side abuts an unregistered road.
- The immediate area mainly consists of empty Residential fields as well as limited residential houses.
Tenancy
- Vacant Possession
Zoning
- Within the “H1” Residential Zone which allows for 120% building density, 70% building coverage, 3 floors and up to 11.40 meters height.
- Based on the Law on Preserved Buildings of 2002 (Law 240 (I) / 2002):
- Any income generated from restored listed buildings is exempted from income tax exemption.
- Any transfer fees paid will be returned upon restoration.
- Any unutilised coefficient can be sold.
Accommodation
The properties were not inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the properties provide:
- Site area extending to approximately 1,071 sq. m.
- It is recommended that interested parties undertake their own inquiries to confirm property measurements.
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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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