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The property concerns 1/2 share of two agricultural fields in Skoulli, Paphos. It is located approximately 1.2km southeast of Skoulli village and approximately 670m east of Stroumpi - Polis Chrysochous road. It has an area of approx. 12,542sqm (1/2 share of 25,085sqm) and abuts on a road along its south border and registered footpaths along its west and its east borders. The immediate area comprises of agricultural land. The property is owned by Themis Portfolio Management Holdings Limited. The asset was acquired by Themis Portfolio Management Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any property transfer fees that may be applicable. The sale of the property, which comprises of a property share is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.
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