Auction
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Residential Plot in Sotiros, Larnaca

  • Auction
  • Lot 13
  • Cyprus
  • Land/Site
  • Commercial

Sold for €71.000

Property Summary

  • Kα4” zoned 50% share of residential plot.
  • Extending to approx. 275,5 sq.m. out of 551 sq.m. (50% Share).
  • Vacant possession.
  • The sale of the property, which comprises of a 50% 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”.

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • The property is a 50% share of a residential plot.
  • It features a rectangularly shape with a smooth and flat surface.
  • It has a road frontage of approx. 12 meters along its eastern border.
  • We have been informed that the property extends to approx. 275,5 sq.m. out of 551 sq.m. (50% Share).

Location

  • The property is located in Sotiros quarter, within Larnaca Municipality, Larnaca district, under Land Reg. No. 2/797.  
  • The plot is abuts on Athinodorou street, approx. 770 m. north of Spyrou Kyprianou Avenue and approx. 900 m. west from the sea.
  • The immediate area of the properties is mainly characterized by residential units such as houses and apartment buildings as well as residential land.

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the Kα4 Residential Zone, which allows for 120% building coefficient, 50% building coverage, 3 floors and up to 13,50 m. height.

Accommodation

The property was not inspected or measured by BidX1. The information was provided by the Vendor. We were informed that the property provides:

  • Site area extending to approximately 275,5 sq.m. out of 551 sq.m. (50% Share).
  • It is recommended that interested parties 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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