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The property for sale concerns 2 abutting fields, in Politiko’s Community, in Nicosia District. The property is located approximately 2.8 km south fromwest the community's center and approximately 2.7 km west from Tamassos water dam. The property for sale concerns 2 abutting fields, in Politiko’s Community, in Nicosia District. The property is located approximately 2.8 km south fromwest the community's center and approximately 2.7 km west from Tamassos water dam. As a single unit, it has an irregular shape with an inclined surface and it is accessible through a registered pathway along its northwestern boundary, with a frontage of approximately 26 meters. The properties fall within the Mass Animal and Bird Farming Zone, excluding pigs (74%), and the Z3 Protection Zone (26%) with a building density of 1%. The properties are sold as a single unit with total area of 19.399 sqm. 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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