Industrial land 517 m²
- Reference number: CY0020525000043
- Density: 90
- Coverage: 50
- Land type: Field
- Plot area: 517 m²
- Plot Type: Industrial
- Planning zone: B1
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AUCTION STARTING PRICE
Property Summary
-Industrial field zoned “B1” in the community of Palaiometocho, Nicosia.
-Extending to approximately 517 sq. m.
-Vacant possession.
-The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.
-This sale is conditional and is subject to confirmation (STC) by the vendor, who will accept or decline the highest bid no longer than two working days from the bidding closing time. In the meantime and in case of approval by the vendor the highest offer placed will be mutually binding. You will find more information in the Terms and Conditions.
Zoning
-The property falls within Industrial Zone “Β1” which allows for 90% building density, 50% building coverage, 2 floors and height depending on development.
Real Estate Agency Licence 625/E and Reg 1251
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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