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The Asset of the Month concept relates to promotional reduced prices on certain assets and are valid only for the period 18 June to 16 July 2021. The prices are firm and final and only offers at these fixed levels will be accepted. Offerors will need to execute a relevant agreement within 5 working days with 15% non-refundable down payment, with conclusion of the asset sale within 15 working days from signing date. Asking Price: €249.000 - Asset of the Month Price: €201.500 FOR THE ASSET OF THE MONTH TENDER FORM CLICK HERE. This asset is a four-bedroom house in Lakatamia. The asset is located 80m east of Lidl supermarket, 640m east of Agiou Georgiou Avenue and 990m east of Lakatamia town hall. The asset consists of: - the ground floor of 130sqm with an open plan living/dining room, kitchen, two bedrooms (one of which is en-suite with walk in closet) and a bathroom, - the basement of area c. 130sqm which has been converted into two independent one-bedroom units each with an open plan kitchen and living area. The house has split units, double glazed aluminium windows and oil boiler heating installed. The immediate area of the property comprise of residential developments as well as some commercial developments. The area enjoys good accessibility to Nicosia’s city center proximity to the major Lakatamia round-about. The asset falls within residential planning zone Κα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m. Reg. No. : 2/2633 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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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