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This asset is a five-bedroom detached house on two floors in Strovolos, Nicosia, adjacent to Menandou Street on its west boundary and c. 300m south of Makedonitissis Avenue. The house has a total area of 400sqm and comprises of a living room, a dining room, a kitchen, a laundry room, an office and a guest toilet room on the ground floor. The first floor comprises of five bedrooms, three with en-suite and a family bathroom. Storage space is available in the basement and in a small building in the yard. The house is equipped with central heating, a fireplace and split units. The asset offers two covered parking spaces, a barbeque area and a private swimming pool. The wider area of the property is mostly developed with residential units, such as apartment buildings and houses. Strovolos municipality is one of the biggest in Nicosia district and offers all kinds of amenities and has a quick access to the Nicosia city centre. The asset falls within the residential planning zone Kα4, with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and a maximum height of 13.5m. All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
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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