€300,000 $314,861
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Pay in USD and save up to $11,020Key features
- Listing ID: 1420902 (12758)
- Bedrooms: 3
- Total covered area: 200 sqm
- Plot: 121 sqm
- Resale built in 1935
Description
A listed house located in the most central area of the Old City of Nicosia, just a few minutes' walk from Ledras Street.
The house was built in 1935 and is a fine specimen of urban Neoclassical architecture, with its facade very well preserved. It consists of a living/sitting room, a kitchen with a dining area, a hallway, and an internal backyard on the ground floor. The first floor, accessed by a large staircase, consists of three bedrooms. The total covered area is 200 sqm, and it is situated within a plot of 121 sqm.
The house, as listed, benefits from government funding of 40%, up to 90,000 EUR of the total renovation/restoration cost, tax exemptions, and tax-free rental income, as well as the ability to transfer or sell building factor.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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