Listed Building in Aradippou, Larnaca
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Auction
- Lot 15
- Cyprus
- House
- Residential
Sold for €70.000
Property Summary
- Listed building with backyard in Aradippou, Larnaca.
- The house extends to approximately 130 sq.m.
- Built on a 469 sq.m. plot of land.
- Vacant possession.
- Governmental grants up to €90.000 for the restoration of a listed building (conditions apply).
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Property description
- Listed ground floor building in Aradippou.
- Built on a 469 sq.m. plot of land.
- The property has a road frontage of approx. 15 m. along its northeastern boundary.
- The building was constructed approx. in 1909.
- We have been informed that the property extends to approx. 130 sq.m. of internal areas.
- Listed buildings, can benefit from government grants for their restoration and maintenance, additional building coefficients and tax reliefs (more details in "Zoning" paragraph below).
Location
- The property is situated in Apostolos Loukas parish, Aradippou Municipality, Larnaca district, under Land Reg. No. 33/155.
- The property is located on Vasileos Constantinou Street, approx. 1,8 km east of Rizoelia Roundabout and approx. 650 m. east of Aradippou Municipality.
- The immediate area of the property features a mixture of residential and commercial developments surrounded by numerous services and amenities.
Tenancy
- Vacant Possession
Zoning
- The property falls within the "Κα5" Residential Zone, which allows 100% building coefficient, 50% building coverage, 3 floors and up to 13,5 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 property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:
- Listed house extending approx. 130 m. sq. m.
- Interested parties are recommended to 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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