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The property is a share (83.8%) of an incomplete residential development in Tseri. It is located 230m from the main road connecting Nicosia - Tseri and 1km from the 2nd primary school of Tseri.
Currently, within the parcel, there are two incomplete semi-detached houses on the southern side. Each house has a total covered area of 162sqm and after the completion, the houses will consist of three bedrooms.
The share that corresponds to the development was intended to include two semi-detached houses in the southern part, a block of flats (consisting of 8 flats) in the center and two detached houses in the northern part.
It offers close proximity to all amenities and provides easy access to Nicosia as well as to the under-construction Nicosia ring road.
There is a distribution agreement in place.
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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