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3 Bedroom Detached house
Pano Lakatamia, Nicosia

€290,000  ($331,545)

Mesitis Real Estate

Mesitis Real Estate

REGISTERED & LICENCED REAL ESTATE AGENT Α.Μ. 750, Α.Α. 402/Ε

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Compared currency flag Pay in USD and save up to $11,604

Average Bank Rate (€290,000)
1 USD = 0.8451 EUR
$343,149

Mid-market rate (€290,000)
1 USD = 0.8747 EUR
$331,545

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: 8382750 (57964)
  • Bedrooms: 3
  • Bathrooms: 2
  • Plot: 548 sqm

Description

This property features a ground-floor detached house with a garage, located in the Agia Paraskevi quarter of Lakatamia—one of Nicosia’s most established residential neighborhoods.

Property Highlights:
• Plot Area: 548 sq.m.
• Internal Area: 230 sq.m.
• Covered Veranda: 46 sq.m.
• Uncovered Veranda: 34 sq.m.
• Road Frontage: 18 m
• Condition: Full Renovation Required

Internal Layout:
The residence comprises a spacious open-plan living and dining area, a separate kitchen, a laundry room, an office, a main bathroom, and three bedrooms (including a master bedroom with an en-suite bathroom).

Development Potential:
While the property requires full renovation, it offers significant potential. The site falls within Zone Κα5, allowing for a building coefficient of 100% and coverage of 50%. This permits the construction of a residential building of up to three floors (13.5 meters in height), representing an excellent opportunity for owner-occupiers or investors seeking long-term redevelopment.

The location combines quiet residential living with excellent accessibility and easy access to shops, schools, services, and the main road network.

The property falls within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.

Pending issuance of Energy Performance Certificate.

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
€8,200 ($9,375)
If buying on joint names
€5,550 ($6,345)

Disclaimer - Property reference 8382750. 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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