Property 57808 Nicosia, Nicosia / 49114

Location
This grand two-storey detached residence is situated in the prestigious Agios Andreas quarter of Nicosia Municipality, one of the capital’s most historic and traditionally affluent residential districts. The area is renowned for its elegant high-end estates, notable residences, and its long-standing reputation as one of the most desirable addresses in the city.
The property enjoys a prime position, near of Agios Pavlos Church offering convenient accessibility while maintaining privacy and exclusivity.
External Features
The residence is built on a generous plot of 646 sq.m., offering ample outdoor space and privacy.
Externally, the property includes:
• Covered Verandas: 54.70 sq.m.
• Uncovered Verandas: 150.35 sq.m.
• Covered Parking: 28.90 sq.m.
The expansive uncovered verandas provide excellent potential for outdoor entertaining areas, landscaped gardens, or leisure spaces, complementing the home’s grand architectural presence.
Internal Characteristics
With an impressive internal area of 450.8 sq.m., the residence offers spacious and well-defined living areas designed for comfortable family living and formal entertainment.
Ground Floor
The ground level features an elegant entrance hall leading to a formal dining room and a separate living room enhanced by a fireplace. A dedicated office/study provides an ideal workspace. The floor also includes a guest W/C and a spacious kitchen equipped with a pantry and a secondary dining/sitting area. Two internal staircases connect seamlessly to the upper floor.
First Floor
The first floor comprises six (6) generously sized bedrooms, including a master bedroom with en-suite facilities. This level also offers a family living area, a central hall, and two additional bathrooms, ensuring functionality and comfort for large families.
Advantages & Special Features
• Prime location in one of Nicosia’s most prestigious residential quarters
• Large plot with extensive veranda areas
• Six-bedroom layout is ideal for large families or ambassadorial use
• Multiple formal and informal living spaces
• Fireplace and dedicated office/study
• Covered parking
Investment Advantage:
The property is held within a Special Purpose Vehicle (SPV). The acquisition of the company shares results in no Transfer Fees and no VAT, making this an exceptionally attractive opportunity from a financial and tax planning perspective.