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The asset is a two-bedroom apartment located on the third floor of the "N. EROTOCRITOU COURT 1" building, a four-storey mixed-use development in Dimos Aglantzias, Nicosia. Completed in 1999, the building features a ground-floor shop and a total of twelve (12) residential apartments on the upper floors. The apartment spans 89 sq.m. of internal living space and includes an additional 21 sqm of covered verandas. It comprises a kitchen, living-dining area, guests' toilet, family bathroom, and two bedrooms. Externally, the apartment has access to covered verandas and enjoys the exclusive use of one parking space (No. 10) located on the ground floor. With a separate title deed in place, this property is ready for immediate ownership, offering a fantastic opportunity for first-time buyers, investors, or those seeking a cozy, well-located home in the heart of Nicosia. Conveniently situated at 26 Larnakos Avenue, the property benefits from an excellent location, just 270 meters north of Aglantzias Avenue, 530 meters from Aglantzias Town Hall, and 360 meters southeast of Akadimias Park. The area is vibrant, with a mix of residential and commercial properties, including shops and cafes on the ground floor, and peaceful residential units on the upper floors. This makes it an ideal location for both convenience and tranquility. The property falls within Zone Eβ3, with a building coefficient of 160%, coverage of 50%, and permission for 6 floors (24m) 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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