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Shop in Apostoloi Petrou & Pavlou quarter in Limassol Municipality. It is located at a distance of approximately 60 meters west from Petrou Tsiros Avenue and approximately 460 meters southeast from Spyrou Kyprianou Avenue. Shop in Apostoloi Petrou & Pavlou quarter in Limassol Municipality. It is located at a distance of approximately 60 meters west from Petrou Tsiros Avenue and approximately 460 meters southeast from Spyrou Kyprianou Avenue. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access the center of Limassol. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility. The shop (No. 7 on the serial plan) on the 1st floor and is part of a mix use complex called " FYSCO LOTUS PLAZA " which was built in the year 1989. The property includes utility spaces no., 18, 19, 3, 5, 6 on the serial plan that are used as a bar. The total area of the interior spaces (including basement) amounts to 218 sq.m.. The property has a separate title deed. The shop 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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