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The asset for sale is situated on Stasinou Street, 30m from Grigoris Afxentiou Street, 200m from Ermou Street and 250m to Larnaca Marina and Finikoudes Beach.
The asset concerns a 6-storey building which has been erected on a corner plot of 700m2 and currently used as a parking space. The asset has a total buildable area of 4068m2 and a parking capacity of 95 cars.
Due to government incentives provided at the planning/building stage the asset has a transferable coefficient of 2448m2 that can be transferred and used all over Cyprus provided that the building permit will be assessed by the derogation department.
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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