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Three-bedroom flat in Apostolo Varnava & Agio Makario quarter, in Strovolos Municipality, in Nicosia District. It is situated at a distance approximately 210 m north from Athalassa Avenue and approximately 540 m east of Acropoli park.The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access the center of Nicosia. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.The flat (No. 1) on the 1st floor and was built in the year 1975. It consists of an open area livining room-dining room-kitchen, main bathroom with WC and three bedrooms, with the main one having a private shower with a WC and a covered veranda.The area of the interior spaces amounts to 128 sq.m. and the covered verandas amount to 13 sq.m.It has acquired a separate title deed.The flat is occupied. 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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