Auction
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Shop in Ayia Napa, Famagusta

  • Auction
  • Lot 19
  • Cyprus
  • Retail Unit
  • Commercial

Reserve €90.000

Bidder Security €3.000 *fully refundable if unsuccessful bidder
Auction Date 27 June
Bidding Opens 10:00 (GMT+3)
Bidding Closes To be Confirmed

Property Viewings

Viewings have not yet been scheduled for this property.
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Property Summary

  • Ground floor shop in Ayia Napa.
  • The shop corresponds to a 16,67% share of the parcel.
  • Extending to approx.  62 sq. m. of internal area and
  • Tenanted.
  • The sale of the property, which comprises of a 16.67% 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.

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.

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Property description

  • The property is a ground floor shop. 
  • It consists of open-plan customer service, a kitchenette, and a toilet.
  • The building was constructed in 1980.
  • We have been informed that the property extends to approx. 62 sq. m. of internal area.
  • The shop corresponds to a 16,67% share of the parcel. Within the parcel there are 3 detached buildings (a two-floor residential building in the west, a one-storey commercial building in the middle/central part, and a one-storey house in the east part). The central building (commercial one) comprises of two shops.  Τhe share corresponds to the shop on the right (highlighted). 
  • 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 property is located in Ayia Napa, Ayia Napa Municipality, Ammochostos District, under Land Reg. No. 1/140.
  • It is located along Odyssea Elyti street, 15m from Agia Napa’s Post Office and 115m from the Town Hall.

Tenancy

  • Tenanted.

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:

  • Ground floor shop.  
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

Please refer to Legal Documents

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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