Auction
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Residential field in Palaiometocho, Nicosia

  • Auction
  • Lot 22
  • Cyprus
  • Land/Site
  • Commercial

Sold for €50.000

Property Summary

  • Residential field in planning zone Η2, in the community of Palaiometocho, Nicosia.
  • Extending to approx. 1,279 sq. m.
  • Frontage of approximately 45 meters onto a registered road, public, asphalt paved road.
  • Vacant possession.
  • The property can be benefited from the Housing Plan of the Revitalization of Specific Rural Areas with a grant up to €55.000 for the acquisition, development or improvement of a permanent home. More information available here.

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Residential field in Palaiometocho with an almost trapezium shape and a relatively smooth and flat surface.
  • The property enjoys a frontage of approximately 450 meters on the registered, public asphalt paved Savva Rotsidi street road along its southern boundary line.
  • We are informed that the property extends to approximately 1,279 sq. m.

Location

  • The property is located in the community of Palaiometocho, in the district of Nicosia, under Land Reg. No. 0/25744.
  • The property is located approximately 40 meters west of the built-up area of the community and approximately 245 meters south-east of the main road which connects Meniko village with Palaiometocho village.
  • The immediate area of the property is mainly characterised by residential development.

Tenancy

  • Vacant possession.

Zoning

  • The property falls within the Residential Planning Zone "Η2" which allows 90% building coefficient, 50% building coverage, 2 floors and up to 8,30 meters height.

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 1,279 sq. m.
  • Interested parties are advised to undertake their own inquiries to confirm property measurements.

VAT

VAT is applicable to this sale - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is subject to VAT as well as, the exact amount payable.

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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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