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In Close Tender Process Deadline: 18th of November 2024 12:00 (noon time) For more information, please contact us. An excellent investment opportunity either for rental returns or private residence, in a two bedroom apartment situated on the 1st floor of a 3 storey building, located in Panagia, Nicosia, The apartment consists of a living-dining-kitchen in an open plan area, guests' toilet, family bathroom and two bedrooms. Furthermore the apartment has exclusive right of use of a storage room (no. 3), and a covered parking space (no. 17) on the ground floor. The asset is located within close distance to universities, along 11 Ipeirou street, and it is about 1.5km west of the town centre, about 300m northeast of Larnakos Avenue, about 270m north of Satiriko theater. The wider area of the property is mostly characterized as residential. There is a separate title deed for this property. 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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