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6 Bedroom Detached house
Platy Aglantzias, Nicosia

€750,000  ($854,057)

KW Seven

KW Seven

Reg. No: 772 / Licensed No:366/E

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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 $29,892

Average Bank Rate (€750,000)
1 USD = 0.8485 EUR
$883,949

Mid-market rate (€750,000)
1 USD = 0.8782 EUR
$854,057

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: 8444171 (2329075)
  • Bedrooms: 6
  • Bathrooms: 4
  • Total covered area: 650 sqm
  • Resale built in 2002
  • Air Condition
  • Central Heating
  • Storage Room
  • Covered Parking
  • Uncovered Parking
  • Quiet Area
  • Furnished
  • Energy Class: Not Required

Description

Positioned in one of the most privileged and high-demand residential areas of Aglantzia, this substantial property presents a rare investment opportunity in close proximity to the University of Cyprus, the Cyprus Broadcasting Corporation (RIK), and the scenic Athalassa National Forest Park.

The asset comprises a total built area of 650 sq.m. and is configured as a small residential block, offering multiple independent living units. Specifically, the property includes two main residences—one on the ground floor and one on the first floor—providing generous internal spaces suitable for family living or rental use.

In addition, there is a separate supporting ground-floor unit of 60 sq.m., ideal for auxiliary accommodation, guest use, or service staff, as well as an attic space of 52 sq.m., which can be further utilized or converted depending on the buyer’s vision.

The property is particularly well-suited for investors, with strong potential for conversion into student accommodation given its strategic location near the university. Alternatively, it offers the flexibility to be reconfigured into a single, expansive private residence.

While the building is structurally in good condition, it would benefit from renovation and modernization, allowing the new owner to unlock its full potential and significantly enhance its value.

A versatile and high-potential property in a prime location—ideal for both income-generating investment and bespoke residential development.

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
€26,600 ($30,291)
If buying on joint names
€23,200 ($26,419)

Disclaimer - Property reference 8444171. 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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