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The asset under consideration is a 3 - bedroom apartment, which is located in Chrisopolitisa, Larnaca.
The apartment is located on the second floor of a mixed-use, five - storey building (2 shops and 28 apartments). The assets comprises of a living room with dining area, a kitchen, 3 bedrooms, 1 bathroom and a covered veranda.
The asset is located approximately 250m west of Larnaka's port, 5 minutes walk to the nearest beach and 15 minutes walk to Larnaca center.
The property falls within a duel Zone Κα4 (50%), with a building coefficient of 120%, coverage of 50%, and permission for 3 floors (13.5m) of construction and Zone Εβ1 (50%) , with a building coefficient of 200%, coverage of 50%, and permission for 6 floors (24m) of construction.
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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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