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The property under consideration is a two-storey house (door no.6) in Ormideia, Larnaca. The house is located in the south-eastern part of the complex "Hill Gardens Village" and abuts an internal, private road network, along its western border, with a frontage of approx. 4m. The project consists of 49 houses under the land with area 10,355sq.m, the asset under consideration has approximately 355sq.m land area. The house on the ground floor consists of an open plan living room/dining room/kitchen and a guest's toilet. On the first floor consists of three (3) bedrooms (one of which is en-suite with toilet and shower) and a family bathroom. The property offers an exclusive right to use for an uncovered parking space (no. 67). The property falls within Zone H3, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (8.3m) of construction. There is a separate title deed for this property with the way of horizontal division.
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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