This stunning fully restored listed mansion house is located in a quiet setting within the Old City Walls in Nicosia. A truly exceptional property that has been fully restored to the highest standards with no expense spared. Internally the property is 225sqm and offers 3-Bedrooms, 2.5 bathrooms and a separate office or 3rd bedroom. High-end finishes and original features throughout along with a swimming pool and tax-free rental income make this a very attractive investment or family residence.
Listed Properties also benefit in three different ways:
Financial Incentives which is the direct sponsorship given by the State to the owner for the complete maintenance of the listed building. No incentives are provided for partial building maintenance.
Transfer of Building Factor which is on the one hand the utilization of development rights that are not used in the protected plot by selling a remaining building factor and on the other hand securing additional sponsorship in the maintenance cost by selling a given building factor. This incentive operates in the free market without state mediation.
Tax Incentives which are the tax exemptions and tax-free rental income that can be taken by the owner of a listed building that has maintained it according to the Conservation Principles.
Description:
Plan description. Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat.