You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
Pay in USD and save up to $15,354An outstanding opportunity to acquire a ground-floor residence in one of the most prestigious and high-value areas of Nicosia, located in the sought-after Montparnasse area of Engomi, near Alphamega.
The property sits on a generous 549 sqm plot and offers 233 sqm of internal covered areas, plus a small basement. Built in 1973, the house features high-quality construction and architectural design by the renowned Vafeadis Architects, reflecting timeless craftsmanship and solid structural integrity.
Despite its age, the property remains in excellent structural condition, with no underlying issues over the years. It showcases premium materials, including marble finishes and natural mountain stone, adding character and long-term value.
The house requires renovation, making it ideal for customization or redevelopment. Importantly, the property benefits from building density allowing for an additional floor, offering strong development potential.
This is a rare investment opportunity, as the asking price essentially reflects the land value alone, providing significant upside for investors or end-users seeking a premium location.
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.
Disclaimer - Property reference 8500355. 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.
