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Semidetached house (on the southern part of the property)( in a quiet and beautiful area, in Gouri community of Nicosia district. It is situated approximately 80 m northeast of Saint George church and approximately 35 m west of Gourri – Fikardou road connection. Semidetached house (on the southern part of the property)( in a quiet and beautiful area, in Gouri community of Nicosia district. It is situated approximately 80 m northeast of Saint George church and approximately 35 m west of Gourri – Fikardou road connection. The property is located close to local services and amenities. It is a ground floor building with a semibasement, with the main residence located on the ground floor, while the semibasement appears to be an auxiliary space and was built around 1945. The area of the house amounts to 130 sq.m. (approximately). The house corresponds to the 1/2 shares of the property and it is located on the northern part of the plot with a land area of186sqm (approx.). The property is vacant. 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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