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4 Bedroom Town house
Makedonitissa, Nicosia

€135,000  ($154,448)

Karis Estates

Karis Estates

License No: 1220 / Reg. No: 508

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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 $5,406

Average Bank Rate (€135,000)
1 USD = 0.8445 EUR
$159,854

Mid-market rate (€135,000)
1 USD = 0.8741 EUR
$154,448

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: 7533343 (1279)
  • Bedrooms: 4
  • Bathrooms: 2
  • Total covered area: 130 sqm
  • Plot: 265 sqm
  • Resale built in 1940

Description

📍 Location:

Old Engomi, near Plaka Tavern, Egkomi A' Primary School, and close to the Russian & American Embassies.

🏡Property Details:

Type: Traditional Listed House
Year Built: 1940
Plot Size: 265 m²
Architecture: Preserved cross-shaped layout with central hallway (iliakos) and symmetrically arranged rooms — a fine example of traditional Cypriot architecture.

Layout:

Main hallway (iliakos)
Rooms on both sides
Kitchen & main bathroom to the rear
Outdoor courtyard (approx. 120 m²) with potential for a garden or future extension

🛠️ Renovation & Development Potential:

✅ Roof restoration (approval for intervention works already granted by the Town Planning Department)
✅Planning permit for the entire building expected in December 2025

New buyer will benefit from:

✅A fixed, government-subsidized roof
✅An approved planning permit for full property renovation
✅Eligibility for state funding covering over 50% of renovation costs

Additional Opportunity:

An adjacent 17 m² terraced house on a 21m² Plot is also available for purchase, offering the opportunity to expand or merge the two properties into a larger residence or investment project.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 7533343. 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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