Property H-116192 Palaichori Morphou, Nicosia

On offer are two listed houses in the serene environment of Palaichori Morfou in Nicosia. These properties come with all necessary permits for restoration and expansion into a mountain resort. With an additional 15 rooms, the potential for transforming this space into a thriving hospitality business is immense. The houses are nestled on a plot of 1333 square meters, providing ample space for development and recreation. A unique feature of this property is the ancient watermill located on-site, adding a touch of historic charm to the overall ambiance. The property has a building factor of 120%, with a surplus area of 560 square meters. The property is conveniently located along the river, providing stunning views and a tranquil setting. The houses are currently unfurnished, offering a blank canvas for the new owner to infuse their personal style and taste. Despite being a resale, the property maintains an 'A' energy efficiency grade. The internal area of the houses combined is approximately 250 square meters, with an additional covered veranda area of 30 square meters. The price per square meter is pegged at 1520. The property is classified as a detached house in residential planning zone and has a maximum of 3 storeys.