The asset is a 5/6 share of a field in Geroskipou. It is located 280m from Evropis Avenue and 400m from Spyrou Kyprianou avenue. The asset has an area of 2,804sqm and a road frontage of 7m. It offers close proximity to amenities such as touristic services, hotel resorts, restaurants, bars and cafes. The nearest beach is only 5 minutes drive away.
Town planning zone
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). 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.