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Mixed use Field in Fyti, Paphos

Auction
Cyprus
Land/Site
Commercial

RESERVE €28.000

Property Viewings

Please contact us to discuss viewings for this property.
Phone
+357 22 000380
Email
info@cy.bidx1.com

Property Summary

  • H3” (56%) and “Γ3” (44%) zoned residential/agricultural field.
  • Extending to approx. 1.329 sq.m.
  • Vacant possession.
  • The property benefits from the Housing Plan of Revitalization of Hill and Disadvantage areas (see Zoning paragraph for more details).

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

Contact Us

Marina Meliniotou
Marina Meliniotou
Property Agent, here to help.
Themis Portfolio Management
Vendor's Solicitor

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Property description

  • The property is a residential/agricultural field with an irregular shape and a flat surface.
  • A wide frontage of the road is of approx. 80 meters along its north and eastern border.
  • We are informed that the property extends to approx. 1.329 sq.m.
  • The property benefits from the Housing Plan of Revitalization of Hill and Disadvantage areas. The Plan concerns of financial support for the development of a permanent first-home residence in areas where the Plan is in force. Depending on the beneficiary person and the requirements, the buyer can benefit from €25.000 to €60.000 construction costs. All subsidizations are subject to approval/rejection by the government/local authorities. More information available here

Location

  • The property is located in the community of Fyti, Paphos District, under Reg.No. 0/3366.
  • It is located approximately 300m north from the centre of the village.
  • The neighbouring area consists of a few house and vacant land.

Tenancy

  • Vacant Possession. 

Zoning

  • The property falls within the H3 (Residential Zone) and Γ3 (Agricultural Zone), which allows for 60% building coefficient, 35% building coverage, 2 floors and up to 8,3m height and 10% building coefficient, 10% building coverage, 2 floors and up to 8,3m respectively.

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 area extending to approximately 1.329 sq.m.
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

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

*Terms & Conditions

Islanders Estate Agencies Ltd as a licensed Estate Agent, T/A BidX1 Cyprus Sales, Registration No: 799 / Licence No: 376/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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