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3 Bedroom Detached house
Kaimakli, Nicosia

€140,000  ($160,182)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/E

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Compared currency flag Pay in USD and save up to $5,606

Average Bank Rate (€140,000)
1 USD = 0.8444 EUR
$165,789

Mid-market rate (€140,000)
1 USD = 0.8740 EUR
$160,182

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8903078 (155093)
  • Bedrooms: 3
  • Bathrooms: 1
  • Total covered area: 130 sqm
  • Resale built in 1974
  • Kaimakli
  • House: Semi-detached
  • Store room
  • Ground Floor
  • Title Deed
  • Levels 1
  • Covered Area 89 sqm
  • Price / Covered Area (Euro) 1,573 / sqm
  • Veranda size 41 sqm
  • Year Built 1974 (Dec)
  • Garden
  • Parking (Covered)

Description

The Property This charming three bedroom residence offers authentic Cypriot living with generous proportions and practical layout. Built in 1974, the house has been established in its neighborhood for nearly five decades, providing a solid foundation and proven durability. With one bathroom and separate WC, the home comfortably accommodates families or those seeking extra space for guests. A dedicated store room adds valuable storage capacity, while the 298 square meter plot provides ample grounds for outdoor pursuits and future enhancements. Comfort and Sustainability The home boasts an Energy Efficiency Class D rating, reflecting its traditional construction and character. Natural ventilation flows through the property, creating comfortable living spaces throughout the seasons. The solid building structure demonstrates the quality craftsmanship typical of homes from this era, built to withstand the Mediterranean climate and provide reliable shelter for generations of residents. Furnishings and Convenience This residence welcomes you with a welcoming interior ready for personalization according to your taste and lifestyle. The three bedrooms offer flexible accommodation options, whether for family living, home office space, or guest facilities. The practical bathroom and separate WC arrangement ensures comfort for all household members, while the store room provides essential organization for daily living needs. Views and Outdoor Living The property opens onto a private garden where you can enjoy the Cyprus sunshine and create your own outdoor sanctuary. This green space invites morning coffee, evening relaxation, or leisurely afternoons surrounded by nature. The peaceful residential setting provides a serene backdrop while remaining close to vibrant community amenities, offering the perfect balance between tranquility and accessibility. Development Potential The substantial 298 square meter plot presents genuine opportunities for expansion, renovation, or creative redesign according to your vision. Whether you dream of modernizing the interior, extending the living spaces, or developing the garden landscape, the generous land area accommodates your ambitions. The property structure provides a solid base upon which to build your ideal Mediterranean home. The Location Situated in a well established residential neighborhood, this home enjoys proximity to Kaimakli with its authentic community character and welcoming atmosphere. Daily necessities lie within walking distance including banks, pharmacies, bakeries, hair and beauty salons, and corner shops creating a convenient lifestyle. Within just five minutes you reach nursery and primary schools, secondary education facilities, a nearby university, supermarkets, a childrens play area, gymnastics center, and the local Church. A tarmac secondary road provides reliable access, while parks and green spaces offer recreational opportunities for the whole family. Legal Standing The property comes with title deed ready and clear legal standing, ensuring straightforward completion of sale with transfer of the title deed at the District Land Registry. This transparent legal foundation eliminates complications and provides complete peace of mind regarding ownership and security of your investment. Investment Appeal Beyond being a wonderful family home, this property presents an attractive rental income opportunity with consistent monthly returns and an annual performance of 5.1 percent ROI, with anticipated growth every two years. The desirable location and community amenities make it particularly appealing to tenants seeking authentic Cypriot living combined with modern convenience. The combination of owner occupancy potential and rental income generation creates a versatile asset for your financial portfolio. We warmly invite you to experience this special property firsthand and discover how it might become your Mediterranean home or successful investment.

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Buying expenses

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.

Transfer fees
If buying as an individual
€2,650 ($3,032)
If buying on joint names
€2,100 ($2,403)

Disclaimer - Property reference 8903078. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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