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Detached two-story house in Vavatsinia, community of Larnaca District. It is approximately 100 meters east of Saint George church and approximately 35 meters north of Vavatsinia - Agioi Vavatsinia connecting road. Detached two-story house in Vavatsinia, community of Larnaca District. It is approximately 100 meters east of Saint George church and approximately 35 meters north of Vavatsinia - Agioi Vavatsinia connecting road. The property has an irregular shape and abuts onto a public registered road along its northwestern boundary (Agios Georgios Street), with a total frontage of approximately 15 meters. The house was built in circa 1960 and consists of a ground floor and a first floor. Externally it has a covered veranda, a garden and a fence. The area of the interior spaces amounts to 130 sq.m. (approximately) and the covered veranda amounts to 20 sq.m. (approximately). Please note that the property’s boundaries extend onto neighboring properties. The house is vacant and it is considered as an ideal choice for families. 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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