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This asset is a residential building with two apartments in Palouriotissa, Nicosia. The building consists of two three-bedroom apartments. The ground floor apartment has an area of 210sqm and comprises of an open plan living room, dining room and bar, an open plan kitchen with dining area and living room, a laundry room, a guest toilet, three bedrooms (one of which is en-suite with walk in closet) and a bathroom. The first floor apartment has an area of 220sqm and comprises of an open plan living/dining room with a fireplace and a bar, an open plan kitchen with dining/sitting area and a fireplace, a laundry room, a bathroom, a guest toilet and three bedrooms (one of which is en-suite with walk in closet). Double-glazed windows, central heating and split units are installed in both apartments. On the east side of the building there is a separate building with a shower/toilet room and a kitchenette while on the north side a secondary building exists comprising of a bedroom and a shower room. The immediate area of the property comprises of residential developments such as houses and apartment buildings. The asset enjoys good accessibility to the wider area due to its close proximity to Agiou Andreou Street. The asset falls within planning zone Κα3, with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.
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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