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Pay in USD and save up to $11,428These two beautiful houses are located in the most central area of the Old City of Nicosia, just a few minutes walk from Ledras street.
The first one, built in 1931, is a fine specimen of urban Neoclassical Architecture and its facade is very well preserved. It consists of a living/sitting room, a kitchen with a dining area and a hallway on the ground floor. The first floor, accessed by a wooden staircase, consists of two bedrooms and a bathroom. The total covered area is 135 sqm and it is situated within a plot of 143 sqm. The interior is in need of a renovation.
The second one is a traditional townhouse with Neoclassical elements and arched interior. It is situated within a plot of 101 sqm. It consists of a central living/sitting/dining area and three rooms on the ground floor, and two more rooms on the first floor. It is in need of a full restoration.
Both houses offer access to a shared backyard.
As both houses are listed, they benefit separately from a government funding of 40% and up to 90,000 EUR of the total renovation/restoration cost, tax exemptions and tax-free rental income, as well as the ability to transfer or sell building factor.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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