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Pay in USD and save up to $10,486Listed ground floor house in Old Walled City of Nicosia Municipality, in Quarter of Taktelkale.
The house has a total covered area is 72 sqm and it is situated within a plot of approximately 107 sqm and it has a garden/backyard.
Since the house is listed, it benefits from a government funding of 40% and up to 90,000 EUR of the total renovation/restoration cost, tax exemptions and tax-free rental income, as well as the ability to transfer or sell building factor.
*Proposed plans for a total renovation and a 2nd floor expansion are included.
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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