The field has a total area of 2,510sqm, and Gordian's share corresponds approximately to 2,060sqm.
It offers close proximity to all amenities and easy access to the main road to Limassol city center.
Owner: Sernaro Ltd (Gordian SPV)
The asset was repossessed by Gordian Holdings Limited via auction pursuant to Part VIA of the Immovable Property (Transfer and Mortgage) Law of 1965 (L. 9/1965), and is currently owned by a subsidiary company. 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). Depending on whether the transfer of the asset may take place via the transfer and/or sale of the subsidiary company’s shares, VAT may be applicable. We recommend that you seek independent advice regarding any applicable transfer fees and/or VAT. The above sale price does not include transfer fees and/or VAT and if such are applicable, these will be paid by the buyer over and above to the sale price, as applicable.