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The asset consists of two apartments in Pegeia, located just 60m from the main road connecting Pegeia and Paphos and 800m from Coral Bay. The first apartment has an internal area of 35sqm and 6sqm of covered verandas. The apartment consists of an open plan area with one bedroom and living room, kitchen and one bathroom. The second apartment comprises of two floors and has an internal area of 75sqm and 15sqmcovered verandas . It consists of an open plan area with kitchen and dining room on the ground floor, and two (2) bedrooms and a bathroom on the first floor. The immediate area is a well developed seaside tourist destination with an extensive selection of hotels, shops, restaurants and other facilities. The assets are currently occupied.
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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