Auction
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Field, Geri, Nicosia

  • Auction
  • Lot 40
  • Cyprus
  • Land/Site
  • Residential

Sold for €154.000

Property Summary

  • Regular shaped field Zoned ‘Kα7’ residential
  • Site is approximately 2,249 sq. m.
  • Potential for residential development (subject to obtaining all necessary consents)
  • Vacant Possession

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Harris Kyriakides LLC
Vendor's Solicitor

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Harris Kyriakides LLC
Vendor's Solicitor

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Description

  • Regular shaped field with an even surface, within the Residential Zone.
  • Road frontage of approximately 35 m. on Archiepiskopou Makariou III.
  • Previous Planning permits for conversion to a plot and construction of a house have now expired.
  • We are informed that the property is approximately 2,249 sq. m. However, the net area of the property after the road widening will be 1,920 sq. m.

Location

  • The field is situated in Geri Municipality, Nicosia District, under Land Reg. No. 3/531.
  • The property is located approx.4 km from University of Cyprus, approx. 5 km from the Mall of Cyprus and approx. 5 km from the main motorway (A1).  
  • The immediate area is mainly residential with villas and blocks of apartments.  

Tenancy

  • Please refer to legal documents. 

Zoning

  • The asset falls within the Kα7 residential zone allowing for 80% building coefficient, 45% building coverage coefficient, 2 floors and up to 10 metres.

Accommodation

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

  • Site is approximately 2,249 sq. m.
  • Interested parties are recommended to undertake their own inquiries to confirm property/building measurements.

VAT

VAT is applicable to this sale, please refer to the legal documents for further details.

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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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