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Pay in USD and save up to $6,403Residential field in Kokkinotrimithia community of Nicosia district. It is situated at a distance approximately 950 m east of the community center and approximately 980 m south of Nicosia - Troodos motorway.It has a regular shape and a sloping surface. It abuts a public registered road along the northwestern boundary with a frontage of approximately 8 meters. It is noted that the property is abuts onto a registered asphalt road along its western boundary with a frontage of approximately 48 meters, which has resulted from the separation of an adjacent field.It lies within residential Town Planning Zone Η2 which allows for the development of a two-storey building with a building factor of 90%. It is also suitable for plot separation or a residential development.Within the property, there are some economically obsolete structures/buildings. 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).
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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