Listed house in Strovolos Village with large garden

  • €680,000
Strovolos Village, Nicosia
  • Restoration Project
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 809 Sqm
  • Plot Size
For Sale

Listed house in Strovolos Village with large garden

Strovolos Village, Nicosia
  • €680,000

Overview

Property ID: NL-112
  • Restoration Project
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 809 Sqm
  • Plot Size

Description

A stunning un-restored listed property located in the heart of Strovolos Village. The property offers an internal area of approx. 170sqm and is set within this large 809sqm plot. Potential to provide a substantial family house as it allows for the property to be extended sufficiently and to have off-street parking due to the size of the plot.

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.

Details

  • Property ID: NL-112
  • Price: €680,000
  • Bedrooms: 3
  • Bathroom: 1
  • Property Type: Restoration Project
  • Property Status: For Sale
  • Internal Area: 160 Sqm
  • Plot Size: 809 Sqm
  • Build Density: 140%
  • Build Coverage: 70%
  • Floors Allowed: 2
  • City Nicosia
  • Area Strovolos

Features

Floor Plans

Description:
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Contact Information

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Alex Apostolou

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Alex Apostolou
  • Alex Apostolou