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Pay in USD and save up to $4,680Two-storey listed house with a yard located in the center of Tseri Village in Nicosia. The ground floor consists of a living room, a kitchen, two bedrooms and a bathroom.
The first floor consists of a room which is accessed through an external staircase.
In addition, there is a yard and several old structures at the back of the property.
The property falls within Zone Πα9, with a building coefficient of 120%, coverage of 70%, and permission for 2 floors (7m) of construction.
Listed buildings and houses have the following benefits:
1. Financial Incentives via direct subsidization given by the Government. Maximum
amount does not exceed €100,000.
2. Transfer of Building Coefficient.
3. Tax incentives. Any rents collected from a listed house are excluded from income TAX.
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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