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Apartment Building
Kato Deftera, Nicosia

€415,000  ($478,204)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $16,737

Average Bank Rate (€415,000)
1 USD = 0.8385 EUR
$494,941

Mid-market rate (€415,000)
1 USD = 0.8678 EUR
$478,204

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: 8764799 (62761)

Description

Property with Completed Ground Floor House and Incomplete Two-Storey House for Sale in Kato Deftera, Nicosia
Discover a unique investment opportunity in Kato Deftera, one of the most attractive residential areas of Nicosia District, combining comfortable living, development potential, and an excellent location.
The property is situated on a quiet cul-de-sac, close to Agios Nikolaos Church and within a short distance of Grammar School, providing easy access to schools, supermarkets, shops, services, and the road network connecting Nicosia with neighboring communities.
The property consists of a completed ground-floor residence and an incomplete two-storey house, offering exceptional flexibility for both residential use and real estate investment in Cyprus.
The completed ground-floor house was constructed around 2007 and features a spacious living room, dining room, kitchen, guest toilet, and two bedrooms, with the master bedroom benefiting from an en-suite bathroom. Externally, the property includes a private swimming pool, courtyard, verandas, and covered parking, creating a comfortable and enjoyable living environment.
The incomplete two-storey house offers outstanding potential for completion according to the new owner's preferences and requirements. According to the design, it will comprise a kitchen, living room, guest toilet, shower room, laundry room, and three bedrooms, with the master bedroom featuring an en-suite shower room. In addition, the property includes an impressive roof garden of approximately 190 sq.m., ideal for outdoor entertaining and relaxation.
The completed ground-floor residence offers approximately 148 sq.m. of internal living space, approximately 25 sq.m. of uncovered verandas, and approximately 20 sq.m. of covered parking. The incomplete two-storey house offers approximately 278 sq.m. of internal area, providing exceptionally generous living spaces.
The property is built on a plot of approximately 559 sq.m. and falls within the residential planning zone H2 with a building density coefficient of 90%, further enhancing its long-term value and development prospects.
It should be noted that a mutual agreement has been reached regarding the property, under which it will be delivered vacant without the payment of rent.
This property represents an excellent opportunity for buyers seeking a residence, a development project, or a valuable real estate investment in Cyprus with significant future potential.
Do not miss the opportunity to acquire a property featuring a completed residence, private swimming pool, and additional development potential in one of Nicosia’s most sought-after residential locations.
Contact G&P Lazarou Estate Agents today at +357 22024949 or email [email protected] to arrange your private viewing!

For privacy reasons, the advertiser has not indicated the exact address.
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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
€13,200 ($15,210)
If buying on joint names
€9,800 ($11,293)

Disclaimer - Property reference 8764799. 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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