✔Three adjacent fields in Kakopetria, Nicosia, located approx. 800m east from Galata community, approx. 1.5km southeast from Sina Oros and approx. 1.6km north from Kakopetria 's communal stadium. ✔Total land area of 18,062 sq m ✔Planning Zone: Γ3 ✔Regular shape and sloped surface ✔The immediate area of the property is mainly characterized by vacant land. The property is owned by Themis Portfolio Management Holdings Limited. The asset was acquired by Themis Portfolio Management Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any property transfer fees that may be applicable.
Planning characteristics: Zone; Build Factor; Cover Factor; Max Height; Max Floors; Γ3; 10%; 10%; 8.3 m; 2
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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