Property 2800 Kakopetria, Nicosia / 46375
Unique Riverfront Property In Kakopetria, Ideal For Diverse Development.
-76%
Opportunity!
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Nicosia Indicative Price
2,410.67 €This Property
576.18 €For Sale • Deal
450,000€
Estimated Mortgage
/month
781
m2
10734
Plot m2
Overview
Property Description
Location • Nestled in the charming mountain village of Kakopetria, Nicosia, this unique property offers the perfect combination of tranquility and accessibility. • It is located just 45 meters north of the Nicosia–Troodos connecting road, 3.15 km west of Spilia Community, and 2.7 km southeast of Kakopetria Community, ensuring excellent connectivity while maintaining a peaceful village atmosphere. • The property boasts approximately 40 meters of frontage along a scenic riverfront, adding prestige and natural beauty.
External Features • Set on a generous 10,734 sq.m. plot, the property provides ample outdoor space with versatile development potential. • The restaurant benefits from covered outdoor dining areas and sanitary facilities, making it ideal for hosting guests in comfort while enjoying the picturesque surroundings.
• The two-storey residence sits harmoniously within this expansive plot, offering privacy and flexibility for a variety of uses. Internal Characteristics • The restaurant, built in 1966, features a welcoming dining area, a fully equipped kitchen, and storage facilities, ready for immediate operation or modernization. • The residence, constructed in 1971, is designed for flexible living: the ground floor comprises two independent auxiliary rooms, while the upper floor includes a living room, kitchen, bathroom, and three bedrooms.
• Access to the upper level is via an external uncovered staircase, preserving the home’s traditional character. Advantages & Special Features • Expansive plot (10,734 sq.m.) offering unmatched development opportunities. • Situated within a dual H5 planning zone, allowing a building coefficient of 30%, coverage of 20%, and permission for 2 floors (8.3 m).
• Final approval obtained, ensuring a smooth and secure purchase. • Dual-purpose property combining residential and commercial potential—a rare find in the area. • Prime location in a highly desirable mountain village, perfect for hospitality, agrotourism, or private retreat projects. This is a rare opportunity to acquire a substantial and versatile property in Kakopetria, offering endless possibilities for residential, commercial, or investment purposes.
Whether as a bustling restaurant, a family home, or a boutique retreat, this property provides a unique chance to embrace the beauty and potential of Cyprus’s mountains.
Sustainability
Solar Panels/ Photovoltaic
Energy Efficency Rating
No Required/ Pending
Property Highlights
Veranda/Porch
Resale
Unfurnished
Electricity
Storage Room
Location
55.20 kms
79.85 kms
9.34 kms
3.55 kms
5.19 kms
5.21 kms
5.82 kms
7.21 kms
7.56 kms
8.95 kms
9.97 kms
Transfer Fees
Transfer Fees Individual
14,600 €
Transfer Fees Joint Names
11,200 €
Stamp Duty
808 €