€ 350 000

€ 1 515 / sqm

4 bedrooms Townhouse in Nicosia, Cyprus No. 61361

4

Bedrooms

4

Bathrooms

231 sq.m.

Square

Q4 1979

Completion date

Parameters

Property Description

Discover an unparalleled opportunity to own a substantial four-bedroom residence perfectly positioned in the vibrant Nicosia City Center. This impressive 231 sq.m. home, offered at €350,000, presents an exceptional blend of space, location, and ultimate potential. In need of a full renovation, this property is a diamond in the rough waiting to be turned into a true city-center gem.

A Completely Prepped Blank Canvas:

Skip the grueling demolition phase. This property is 100% ready for renovation, with everything internal already removed. It is completely prepped for your contractor to walk in and start building your dream vision immediately.

To make your transition even seamless, the property comes with:

Ready-to-use architectural plans for a stunning modern renovation.

An active building permit for an extra floor, allowing you to expand the footprint and add massive value.

Space, Structure, and Potential

Built in 1979, this property boasts a rock-solid foundation and timeless structural integrity. The expansive 231 sq.m. footprint is currently configured for four bedrooms and four bathrooms, ensuring ample privacy and space. Because the interior has been stripped down, you have total freedom to adapt the layout to your exact specifications—whether that means creating a bespoke, ultra-luxury family residence or a high-yield investment asset.

Unbeatable City Center Location

The true jewel of this listing is its unbeatable location. Being in the absolute heart of Nicosia means you are steps away from everything the capital has to offer.

A Rare Investment Opportunity

This is more than just a house; it’s an investment in a premium lifestyle and a high-appreciating asset. With the heavy lifting of stripping the property already completed, and the building permits/plans already secured, you are saving months of bureaucratic delays and prep costs.

Properties of this size, structural integrity, and prime location are a rare find in Nicosia.

Contact us today to schedule your private viewing and explore the endless possibilities this magnificent property holds. Your journey to crafting a bespoke masterpiece in Nicosia’s vibrant core starts here!

Statistics

€ 2 763

Price per sq.m.

157

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Nicosia

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 688

Apartment (1 bedroom) Outside of Centre

€ 622

Apartment (3 bedrooms) in City Centre

€ 1 526

Apartment (3 bedrooms) Outside of Centre

€ 1 189

Buy Apartment Price

Price per square metre in the city centre

€ 2 763

Price per square metre outside the city centre

€ 2 042

Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.

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4 bedrooms Townhouse in Nicosia, Cyprus No. 61361

4 bedrooms Townhouse in Nicosia, Cyprus No. 61361

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