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Pay in USD and save up to $19,143Ground floor and two-storey house (2/5 shares - north-eastern part) in a popular and attractive location in the Parish of Agios Georgios, in the Municipality of Latsia, on Athalassis Street and at a distance of approximately 750 meters west south from Latsia Lyceum. Ground floor and two-storey house (2/5 shares - north-eastern part) in a popular and attractive location in the Parish of Agios Georgios, in the Municipality of Latsia, on Athalassis Street and at a distance of approximately 750 meters west south from Latsia Lyceum. The property is ideally located close to a multitude of services and amenities such as schools, banks, supermarkets, shops, etc. In addition, it has excellent access to the motorway and the center of Nicosia. The location of the property is considered excellent and shows increased demand for residential properties due to its attractiveness and accessibility. The ground floor house was built around 1984 and consists of a living room, a living room/dining room as an open space, a toilet, a kitchen, three bedrooms a storage room and a bathroom with toilet. The area of the interior spaces amounts to 150 sq.m. (approximately). The two-story house was built around 1999 and consists on the ground floor of an entrance, living room, living room and dining room in an open space, kitchen with dining room and laundry room, bedroom and shower with toilet. The floor consists of a toilet and four bedrooms, of which the main one with a separate shower and toilet. Outside, it has verandas, a bar, a barbecue and a covered parking area. The area of the interior spaces amounts to 316 sq.m. (approximately) and the covered verandas and parking area to 42 sq.m. (approximately). The property is occupied. 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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