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The asset under consideration concerns an apartment No.6 (door no. 105) situated on the 1st floor of the residential complex known as "Vatileion", and located in Panagia, Nicosia. The apartment consists of an open plan living / dining room, 1 kitchen, 1 bathroom and two (2) bedrooms. The flat has the exclusive right of use of the parking space no.12 and the storage room no. 4 (4 sq.m) on the ground floor. The asset is located on Michalaki Karaoli street no.4, about 50m from Larnacos Avenue and about 50m from Constantinou and Elenis cemetery. The property falls within Zone Κα3, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.
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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