Level | Enclosed area/m2 | Cov. Verandas/m2 | Bedrooms |
Ground floor | 285 | 48 | 2 |
1st floor | 285 | 22 | 3 |
2nd floor | 290 | 30 | 6 |
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Auction
Three-storey Residential Building in Panagia, Nicosia
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Auction
- Lot 20
- Cyprus
- Apartments (Multiple)
- Residential
Sold for €400.000
Property Summary
- Three-storey Residential building with seven apartments in Panagia quarter, Nicosia.
- The property comprises a two-bedroom apartment and two studios on the ground floor, a four-bedroom apartment and a studio on the first floor and two three-bedroom apartments on the second floor.
- Swimming Pool with yard.
- Uncovered parking spaces.
- Extending to approx. 285 sq.m. internal areas on the ground floor, 285 sq.m. internal areas on the first floor, 290 sq.m. internal areas on the second floor and 100 sq.m. of covered verandas. (See below table for more info)
- Built on a 690 sq.m. plot of land.
- Vacant possession.
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Property description
- Three-storey Residential building with four apartments and a swimming pool.
- The property comprises of a two-bedroom apartment and two studio on the ground floor, a four-bedroom apartment and a studio on the first floor and two three-bedroom apartments on the second floor.
- Swimming pool
- Uncovered parking space.
- The building was constructed approx. in 1983.
- Centrally located with access to the wider centre of the city and to all amenities and services.
- The property is built on a plot of land extending to approximately 690. sq.m.
- We have been informed that the property extends to approx. 285 sq.m. internal areas on the ground floor, 285 sq.m. internal areas on the first floor, 290 sq.m. internal areas on the second floor and 100 sq.m. of covered verandas. (See below table for more info)
Location
- The property is located in Panagia quarter, Nicosia Municipality, Nicosia district Land Reg 2/501.
- The building is situated on Arch Makarios III Street, approx. 55 m. north of John Kennedy Avenue, approx. 100 m. east of Markou Drakou Avenue, approx. 255 m. north of Larnakos Avenue and approx. 200 m. north of B’ Elementary School of Palouriotissa.
- The immediate area of the property is mainly characterized by mixed-use development such as apartment buildings, banks, shops, offices, supermarkets, and general services.
Tenancy
- Vacant Possesion
Zoning
- The property falls within the Κα3 Residential Zone which allows for 140% building density, 50% building coverage, 4 floors and up to 17,00 m. height.
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
- 1 x Two-bedroom Apartment
- 2 x Studio
- 1st Floor
- 1 x Four-bedroom Apartment
- 1 x Studio
- 2nd Floor
- 2 x Three-bedroom Apartments
- Interested parties are advised to undertake their own inquiries to confirm property / building 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
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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