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The asset is a single storey listed house in Nempetchane, Nicosia.
The asset has an area of 165sqm and comprises of three rooms and a backyard. External walls are made of stone and mud bricks, while the roof has ceramic tiles. The total land area is 454sqm.
The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is considered to be the traditional commercial center of Nicosia.
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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