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Mixed-use building in Livadia Municipality, of Larnaca District. The property is located on Kallithea Street and Makarios Avenue, approximately 100 meters southwest of Agia Paraskevi Church and about 500 meters north of Livadia Elementary School. Mixed-use building in Livadia Municipality, of Larnaca District. The property is located on Kallithea Street and Makarios Avenue, approximately 100 meters southwest of Agia Paraskevi Church and about 500 meters north of Livadia Elementary School. The property is ideally situated close to a plethora of amenities and services such as supermarkets, restaurants, shops, cafes etc. Furthermore, the property enjoys excellent access to the city centre and the motorway. The building consists of 2 shops on the ground floor, 1 house/flat on the 1st floor. The internal area of the shops is varying to 48sqm and 80sqm each and the internal area of the apartment is 100sqm. The building is occupied. 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). 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).
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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