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Pay in USD and save up to $15,442Three-storey residential building with development potential for sale in Latsia–Geri, Nicosia
🏠 Property Details
🏡 Type: Residential Building (3 levels)
📅 Year Built: ~1992
📐 Plot Area: 521 sq.m.
📐 Total Covered Area: ~335 sq.m. completed + ~235 sq.m. incomplete
🛏 Bedrooms: 4+
🛁 Bathrooms: 3+
📏 Layout Breakdown
🔹 Ground Floor House (~100m²)
• Open-plan living room & kitchen
• 1 bedroom
• 1 bathroom
🔹 First Floor House (~235m²)
• Living & dining area
• Kitchen + laundry room
• 3 bedrooms (master en-suite)
• Main bathroom + guest WC
• Covered verandas: 42m²
🔹 Second Floor (Incomplete ~235m²)
• Structure completed (columns + roof)
• Ready for finishing
🌿 Property Features
🚗 2 Covered Parking Spaces
🌿 Garden
❄ Air Conditioning
🏡 Covered verandas
• Dual residential units already in place
• Large internal spaces
• Additional development potential (3rd floor)
📍 Location
Located in Latsia–Geri
• Approx. 50m from Athalassis Avenue
• Approx. 580m from Geriou Avenue
• Approx. 530m from A’ Geri Elementary School
💰 Investment Potential
• Ideal for:
✔ Multi-family residence
✔ Rental income (2–3 units)
✔ Completion & resale project
ℹ Additional Info
• Incomplete 2nd floor ⚠ (investment opportunity)
• Older construction (1992) ⚠
• Good road access (registered road frontage ~20m)
Reference: O44473A
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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