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The asset is a house of 306 sqm located in Lakatameia, of Nicosia District. The property is arranged on the ground floor with a spacious living room, dinning room, separate kitchen and sitting room area, with a guest toilet. On the upper level five bedrooms with two en-suite, a family bathroom and a small kitchenette. It has 306 sqm Covered Areas, 43 sqm Covered Verandas and a landscaped back yard. It features marble floors, central heating, fireplace and air conditioning, while it also benefits from exclusive use of two parking spaces. It falls under the residential planning zone Κα6 that allows for residential development, with 90% density, 50% coverage, over 10m and 2 floors. The immediate area is characterised by many high quality residential developments and few vacant residential plots.
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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