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Residential field in Agia Paraskevi Quarter of Lakatameia Municipality in Nicosia District. It is located at a distance of 1km (approx.) west of the intersection of Ippokratous and Tseriou.The property is situated close to amenities and services such as supermarkets, shops, banks etc. The vicinity of the property designates an increase in residential development in the recent years.It has a triangular shape and a smooth surface. It abuts onto Ippokratous street along its northern boundary with a frontage of 135 meters (approx.). In addition, it abuts onto a semi-constructed road on its southern with a frontage of 45 meters (approx.).The northern part of the field is affected by a compulsory acquisition and the remaining net area (southern part) of the property is approximately 2,014sqm. It is noted that the acquisition amount has been compensated.The property (southern part) falls within the Residential Zone Κα7 having building density coefficient of 80%, coverage density of 45% in 2 floors.
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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