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Pay in USD and save up to $607Agricultural field in Palaiometocho community of Nicosia District. It is situated at a distance approximately 2 km northeast of Kokkinotrimithias industrial area and approximately 4 km west of the shopping center Nicosia Mall. Agricultural field in Palaiometocho community of Nicosia District. It is situated at a distance approximately 2 km northeast of Kokkinotrimithias industrial area and approximately 4 km west of the shopping center Nicosia Mall. It has rectangular shape with a flat surface and it is accessible from a non register dirt road, at a distance approximately of 140 meters north from the nearest registered road. It is noted that high-voltage cables pass within the property and a short distance southeast from a pylon. The property falls within the Agricultural Zone Γ3, having a building density of 10%. 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). 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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