Auction
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Agricultural field in Paralimni, Ammochostos

  • Auction
  • Cyprus
  • Agricultural Land
  • Commercial

Reserve €50.000

Bidder Security €2.000 *fully refundable if unsuccessful bidder
Auction Date 23 October
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

  • Share of “Γα4” zoned agricultural field in Paralimni, Famagusta .
  • Extending to approx. 2,578 sq.m. out of 4,444 sq. m. (58% Share).
  • Registered road access.
  • Vacant possession.
  • The sale of the property, which comprises of a 58% 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

  • Share of an agricultural field.
  • The property has frontage to a registered road of approx. 65 m. in total along its northern boundary.
  • We are informed that the property extends to approximately 2,578 sq.m. out of 4,444 sq. m. (58% Share - No distribution agreement in place).

Location

  • The field is located  in Paralimni - Deryneia Municipality in the Famagusta District, under Land Reg. No. 0/20923.
  • The field abuts the E324 motorway, and it lies 610 meters south-east of the Tasos Markou Stadium and approximately 1,7 km south-east of the Paralimni Lake.
  • The immediate area of the property comprises of vacant land as well as residential development such as houses.

Tenancy

  • Vacant Possession

Zoning

  • The property falls within “Γα4” Agricultural Zone, which allows 10% building coefficient, 10% building coverage, 2 floors and up to 7 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 approx. 2,578 sq. m. out of 4,444 sq. m. (58% Share)
  • Interested parties are advised to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

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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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