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Incomplete residential development of five houses in Kapedes Village, Nicosia.
According to the building permit, the development refers to five houses, two semi-detached and three detached houses. Construction of the two semi-detached houses has not commenced.
The three detached houses are in incomplete state, each having a total of 181 sq.m. of enclosed areas including a covered veranda and a double garage for each unit.
Furthermore, the property falls within Zone H2, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (8.3m) of construction.
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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