Ref. No. 22041 Detached House

€127,000 No VAT
Nicosia Town Nicosia
Detached House Houses
2 Bedrooms
167m² Plot
Sales Agent Stefanos Constantinou

Property Description

The property is a single storey listed house in Nempetchane, Nicosia.

The house is adjacent to Perikleous and Palaion Patron Germanou Streets, c. 320m north of Eleftherias square, c. 165m west of Faneromeni church and c. 80m west of Ledras street.

The property has a land area of 167sqm. The house is a traditional building, constructed with stone and mud clay bricks and has partially collapsed. The facade and two arches remained intact. Potential buyers can claim a subsidy for restoring the structure and can transfer any unexhausted building density.

The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia.

The property falls within planning zone Kα-α, with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m height.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

Property Features

No VAT

Transfer Fees

€2,508
BUYING AS AN INDIVIDUAL
€2,325 Transfer fees + €183 Stamp Duty
€2,088
BUYING ON JOINT NAMES
€1,905 Transfer fees + €183 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
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