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The asset is an apartment on the 2nd floor (no.201) of a two storey residential building in Aglantzia. The building is located 850m from the new campus of University of Cyprus and 1,2km from Skali Aglantzias. The building accommodates 8 apartments. The apartment consists of two bedrooms, one bathroom/WC and an open plan kitchen. It has an internal area of 79sqm and 98sqm uncovered verandas. It also has the exclusive right of use of a storage room and a parking on the ground floor. The apartment offers easy access to University of Cyprus, supermarkets, restaurants, coffee shops and other amenities. The transaction of this asset will take place through an assignment of buyers rights and not a transfer of title deed ownership.
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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