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Pay in USD and save up to $4,213The property for sale concerns 2 residential abutting fields, in Kapedes community in Nicosia District. The property is located approximately 620 meters east of the main road Kapedes - Kampia and approximately 430 meters southeast of the community center. The property for sale concerns 2 residential abutting fields, in Kapedes community in Nicosia District. The property is located approximately 620 meters east of the main road Kapedes - Kampia and approximately 430 meters southeast of the community center. As a single unit, It has a regular shape with an inclined surface and it is accessible through a non-registered road. The properties fall within the Residential Zone H5, having a building density of 30%. It is set in a tranquil, beautiful natural environment. The properties are sold as a single unit with total area of 11.698 sqm. 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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