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The asset is a residential building consisting of two floor apartments, located in Aglantzia, in Nicosia. The apartment on ground floor has enclosed area of 130 sq.m. and comprises an open-plan living/dining room with a fireplace and a kitchen, two bedrooms (one of which is en suite) and a guest's toilet. Externally, the apartment has a yard and swimming pool. The apartment on the upper floor has enclosed area of 130 sq.m. and consists of an open-plan living/dining room and a kitchen, two bedrooms (one of which is en suite) and a guests' W/C. There is a covered front veranda (currently used as internal space) and the back uncovered veranda (the floor has been extended by 20sqm, same as the ground floor). The asset is located approximately 750m from Aglantzia community centre, approximately 2.4km from A1 motorway The property falls within Zone Κα4, with a building coefficient of 120%, coverage of 50%, and permission for 3 floors (13.5m) 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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