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The property is a residential field in Galata, Nicosia. It is located approx. 560m northeast from Galata's centre and 300m west from the main road that connects the community with the surrounding areas. The property has an irregular shape, an uneven surface and a sloping surface from the western into the eastern part of the field. The property benefits from approx. 240m road frontage along its eastern border into Archiepiskopou Makariou III avenue. The property is affected by the concession of an area of 4168sqm for road registration along the eastern border of the property. The immediate area is characterised by similar residential fields and some houses.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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