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Detached two-storey house in a quiet and beautiful area in Strovolos Municipality in Nicosia district. It is located 360 meters north of Perikleous avenue, 120 meters south of Athalassas Avenue and 350 meters northeast of the “Pefkios Georgiades” Primary School.The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it has excellent access to the motorway and the center of Nicosia. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.The property abuts onto Georgiou Michel street, it was constructed around 1997 and it is in a good state of maintenance. The ground floor consists of a living/dining/siting area, a separate kitchen with a dining area, an office, two bedroom and a guest toilet. The first floor consists of three bedrooms (the main bedroom has en suite and wardrobe), a main bathroom with a toilet and verandas. The house has an internal area of 300sqm (approx.).Note that the property is occupied. The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).
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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