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Location
• Two-storey semi-detached residential building (ground floor apartment & first floor apartment).
• Situated in an active and central area within the Nicosia Municipality.
• Located in the Taktelkale quarter, near to the Olympiakos Nicosia training center.
• The area has consistently shown high demand for mixed-use buildings and apartments due to its proximity to a wide range of services and amenities.
External Features
• Building estimated to have been constructed around 1995.
• Semi-detached structure with two main apartments (ground floor and first floor).
• Additional third apartment on the second floor built with inexpensive materials.
Internal Characteristics
• Each main apartment includes a living room, kitchen, bathroom with WC, and two bedrooms.
• Two covered verandas per apartment.
• Each apartment has an approximate area of 125 sq. m.
• Apartments are similar in layout and size.
Advantages & Special Features
• Sold as a single building; individual title deeds are not available for each apartment.
• Central location within Nicosia, offering easy access to all urban services.
• Ideal for investment due to high demand in the area.
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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