Studio Apartment for sale in Kato Lakatamia, Nicosia

TENDER SUBMISSION DEADLINE:TUESDAY 28 MAY 2024, 10:00 a.m. Two-bedroom apartment in Archangelos/Anthoupolis Quarter in Lakatameia Municipality of Nicosia District. It is situated at a distance approximately 880 meters southwest of Magglis lake and approximately 620 meters south of Anthoupolis round about.It is situated in an active residential area with residences and apartments while it is within walking distance of various services such as schools, shops, supermarkets and other facilities and amenities. It is of very close proximity of the motorway, the «Nicosia Mall» and the Pediaios Park, which provides a unique distinction from other localities.The apartment (No. 2 – Door No. 103) on the 1st floor is part of a residential complex which was built in the year 2008. It consists of a living room with kitchen, covered veranda, toilet with bathroom and two bedrooms.The apartment has an exclusive right of use a parking space and a storage room in the basement.It has internal area of approximate 85 sq.m., 13sq.m. for the covered veranda and 3 sq.m. for the storage room.It has acquired a separate title deed.The flat is vacant and it is suitable for private use or for rental with a good return. 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).