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TENDER SUBMISSION DEADLINE:TUESDAY 21 APRIL, 10:00 A.M. Shop in Agios Andreas Quarter, in Nicosia Municipality. The building is located on Granikou Street (42B), about 250 meters northwest of Solomou Square and about 100 meters southwest of Paphos gate.It is situated close to all necessary amenities and services whereas it enjoys good access to the center of the municipality.The property is located in a five-storey apartment building, which was built around 1960. The property is located in the southern part of the ground floor area (shop no. 1).The shop has an area of about 210 sq.m.The apartment is vacant, and it is suitable for private use or for rental.The property has a separate title deed. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,UNLESS OTHERWISE SPECIFIED The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). - - - - - - - - - - -
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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