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Pay in USD and save up to $4,976Residential field in Paleometocho Community of Nicosia District. It is situated at a distance approximately 1,3 km northwest of the Community center and approximately 1 km south of the B Primary School of Paleometocho.It has an irregular shape with an even surface and it is landlocked, however it is situated only a short distance from the closest public registered road (approximately 30 meters). A right of way can be easily obtained, due to its proximity to a registered road.The property falls within the Residential Zone H3, having a building density of 60%. 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).
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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