Auction
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2 x Adjacent Residential fields in Pigenia, Nicosia

  • Auction
  • Cyprus
  • Land/Site
  • Commercial

Reserve €335.000

56 %

Now €145.000

Bidder Security €4.500 *fully refundable if unsuccessful bidder
Auction Date 29 May
Bidding Opens 10:00 (GMT+3)
Bidding Closes To be Confirmed

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

  • Two adjacent residential fields zoned “Η4” in Pigenia, Nicosia District.
  • Extending to approximately 17,504 sq. m.
  • Access through a registered road 
  • Vacant possession.
  • The properties can be benefited from the Housing Plan for the Revitalization of Mountainous, Outlying and Disadvantageous Areas with a grant up to €70.000 for the acquisition, development or improvement of a permanent home. More information available here.

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

Contact Us

Yiangos Hadjivassiliou
Yiangos Hadjivassiliou
Property Agent, here to help.
Panagos & Panagos
Vendor's Solicitor

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Property description

  • Two adjacent residential fields.
  • Abut onto a public road on part of its western boundary with frontage of 46 meters (approx.). 
  • We have been informed that the properties extend to approximately 17,504sq. m. (0/5561 1,924 sq.m. and 0/5599 15,580 sq.m.)

Location

  • The properties are situated in Pigenia community, Nicosia district, under Land Reg. No. 0/5561 and 0/5599.  
  • They are located 2,2 km north of the community center and 390 meters southwest of Kato Pyrgos harbour.
  • The immediate area of the properties mainly consists of residential fields.

Tenancy

  • Vacant possession. 

Zoning

  • The properties fall within the “Η4” Residential zone which allows for 40% building density, 25% building coverage, 2 floors and up to 8.30 meters height.

Accommodation

The properties were not inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the properties provide:

  • Site area extending to approximately 17,504sq. m.
  • It is recommended that interested parties undertake their own inquiries to confirm properties measurements.

VAT

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

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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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