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Global Properties

4 bedrooms Commercial property in Nicosia, Cyprus No. 20932

$ 714 432
$ 1 832 per m²
4 Bedrooms
1 Bathrooms
390 Living space, m²
Nicosia, Cyprus
Parameters
Bedrooms
4
Bathrooms
1
Living space, m²
390
ID
20932
Type
Commercial property
Land area, m²
518
Property description
A Piece of Cypriot History: A Historic House Awaits Restoration

This magnificent historic house, located on Messongiou Street in Agios Andreas, Nicosia, offers a unique opportunity to own a piece of Cypriot heritage. While the property requires renovation, its timeless charm and architectural significance make it a worthwhile investment.

A Spacious Historical Gem

Spanning over 518 square meters, this 4-bedroom, 1-bathroom residence offers ample space for both living and potential development.
The property's listed status provides access to special government grants, making the renovation process more affordable and incentivized.

Architectural Features and Potential

The house boasts a rich history and distinctive architectural features that reflect the region's cultural heritage. With careful restoration, this property can be transformed into a stunning family home, a boutique hotel, or a unique officespace.

Prime Location

Situated in the historic neighbourhood of Agios Andreas, the property offers easy access to the city centre, cultural attractions, and local amenities. The charming streets of Nicosia provide a vibrant atmosphere and a glimpse into the city's past.

Investment Opportunity

This historic property presents a unique investment opportunity. With its prime location, architectural significance, and potential for renovation, this property offers a promising return on investment.

A Blank Canvas

As the property will be sold unfurnished, buyers have the freedom to customize the interior design to their personal taste. This blank canvas allows for the creation of a truly unique and personalized living space.

Seize the Opportunity

Don't miss this chance to own a piece of Cypriot history. With its potential for restoration and its prime location, this historic house is a rare find. Contact me to schedule a viewing and explore the possibilities.

Property area: 390 m2
Type: Detached house
Parking: Uncovered
Condition: Resale
Plot area: 518 m2
Furnishing: Unfurnished
Included: Garden, Balcony, Storage room
Postal code: 1100
Construction year: Older
Air conditioning: No
Energy Efficiency: E
Bedrooms: 4
Square meter price: €1.564 /m2
Bathrooms: 1:
Features
Features
  • Unfurnished
Statistics Nicosia
$ 3 178
Price per m²
153
Quality of Life Index
57
Cost of living Index
Parameters
[:second_city:]
Nicosia
Difference
Monthly Rent Cost
1-Room Apartment
$ 773
2-Room Apartment
$ 654
Apartment Purchase Price per m²
In the City Center
$ 3 178
Outside the City Center
$ 2 295
Crime Index
33
Cost of Living and Rent Index
40
Purchasing Power Index
89
Property Price to Income Ratio
8
Safety Index
67
Traffic CO₂ Index
4601
Traffic Inefficiency Index
157
Rent Index
20
Health Care Index
56
Groceries Index
54
Pollution Index
60
Traffic Commute Time Index
27
Restaurant Price Index
59
Climate Index
86
Cost of Living Index
57
Quality of Life Index
153
Traffic Index
113
Restaurants
Meal, Inexpensive Restaurant
$ 17.56
Meal for 2 People, Mid-range Restaurant, Three-course
$ 70.26
McMeal at McDonalds (or Equivalent Combo Meal)
$ 8.78
Domestic Beer (0.5 liter draught)
$ 4.68
Imported Beer (0.33 liter bottle)
$ 5.85
Coke/Pepsi (0.33 liter bottle)
$ 1.74
Water (0.33 liter bottle)
$ 0.96
Cappuccino (regular)
$ 3.72
Markets
Milk (regular), (1 liter)
$ 2.02
Loaf of Fresh White Bread (500g)
$ 2.10
Eggs (regular) (12)
$ 4.66
Local Cheese (1kg)
$ 14.18
Water (1.5 liter bottle)
$ 1.07
Bottle of Wine (Mid-Range)
$ 8.20
Domestic Beer (0.5 liter bottle)
$ 1.92
Imported Beer (0.33 liter bottle)
$ 2.94
Cigarettes 20 Pack (Marlboro)
$ 5.85
Apples (1kg)
$ 3.15
Chicken Fillets (1kg)
$ 9.55
Oranges (1kg)
$ 2.21
Potato (1kg)
$ 1.75
Lettuce (1 head)
$ 0.94
Rice (white), (1kg)
$ 2.94
Tomato (1kg)
$ 3.41
Banana (1kg)
$ 2.11
Onion (1kg)
$ 1.58
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 13.50
Transportation
One-way Ticket (Local Transport)
$ 2.81
Monthly Pass (Regular Price)
$ 58.55
Gasoline (1 liter)
$ 1.62
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 427
Taxi Start (Normal Tariff)
$ 5.85
Taxi 1km (Normal Tariff)
$ 2.04
Taxi 1hour Waiting (Normal Tariff)
$ 52.69
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 34 076
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 211
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 34.03
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 21.20
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 812
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
4%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 74.65
Tennis Court Rent (1 Hour on Weekend)
$ 27.96
Cinema, International Release, 1 Seat
$ 11.71
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 99.97
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 54.15
1 Pair of Nike Running Shoes (Mid-Range)
$ 97.64
1 Pair of Men Leather Business Shoes
$ 120
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 509
International Primary School, Yearly for 1 Child
$ 9 337
John Lewis
Bezino Trading Ltd
Contact seller
John Lewis
Bezino Trading Ltd
Contact seller

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