The asset is an apartment in Agios Theodoros quarter, Paphos Municipality. It is located 100m from the Technical School and 1,4km from the center of Paphos. The apartment is on the 2nd floor of a three-storey building namely “Sotos Court". It comprises of an open-plan dining/kitchen area, guest WC, two bedrooms and a bathroom. It has an enclosed area of 71sqm and uncovered verandas of 16sqm. It offers close proximity to all amenities and easy access to the highway.
Town planning zone
The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.