Description
The property is a two-storey detached residence located in the prestigious Agios Andreas quarter of Nicosia Municipality, one of the capitals most historic and traditionally affluent residential areas, long associated with high-end estates and distinguished households. The property sits on a 646 sq.m. plot and offers 450.8 sq.m. of internal living space, complemented by 54.70 sq.m. of covered verandas and 150.35 sq.m. of uncovered verandas. In addition, it provides 28.90 sq.m. of covered parking area. The ground floor features an impressive entrance hall, a formal dining room, and a separate living room with a fireplace. It also includes a dedicated office/study, a guest W/C, and a spacious kitchen with pantry and secondary dining/sitting area. Two internal staircases lead to the first floor, which comprises six bedrooms, including a master suite with en-suite facilities, a family living area, a central hall, and two additional bathrooms. The property is held within a Special Purpose Vehicle (SPV). The acquisition of the company shares results in no Transfer Fees and no VAT being applicable to the transaction, enhancing its investment appeal.
