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Upper floor house, with two bedrooms, which concerns the 1/3 share, which corresponds to a land area of approximately 111 sq.m., in the Episkopi community of Limassol District. It is located approximately 150 meters southeast of the Agios Spiridonas Trimithountos church. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. Upper floor house, with two bedrooms, which concerns the 1/3 share, which corresponds to a land area of approximately 111 sq.m., in the Episkopi community of Limassol District. It is located approximately 150 meters southeast of the Agios Spiridonas Trimithountos church. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. The parcel has a irregular shape, a flat surface, south orientation and a frontage of approximately 9 meters on Faneromenis Street. The house was built around the year 1992. It consists of a living room, a kitchen, a toilet with a bathroom, two bedrooms and verandas. The house is located in the southwestern part of the building's first floor. The area of the interior spaces amounts to 85 sq.m. (approx) and the covered verandas amounts to 7 sq.m. (approx.). The house is vacant and it is suitable for private use or for rental use with a good return. 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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