Property 51416 Strovolos, Nicosia / 43788

Luxurious property with development potential in Strovolos.

Price 4,400,000
Estimated mortgage 15,152 /mo
Key facts 5 Beds 600 m² 16,895 m²

Overview

Community Strovolos
District Nicosia
Property type Villa
Bedrooms 5
Built area 600 m²
Plot area 16,895 m²
Reference 43788

Property Description

Location
• This impressive property is situated in a prime location in Strovolos, near of the American Medical Center, offering exceptional accessibility to Nicosia city centre and the highway network.
• The area is a well-established residential neighborhood, known for its convenience and quality infrastructure.
External Features
• The asset occupies an extensive land area of 16,895 square metres and includes a luxurious five-bedroom residence surrounded by landscaped gardens.
• Outdoor features include a large private swimming pool, an auxiliary building that functions as a garage, and a beautifully maintained garden, offering ample space for recreation and relaxation.
• The property benefits from a division permit for the land, allowing it to be split into seven separate plots — ideal for future development or investment purposes.
Internal Characteristics
• The residence has a generous total internal area of 600 square metres.
• The ground floor boasts multiple functional and elegant spaces including a large living room, formal dining area, a dedicated bar, library, guest WC, a fully equipped kitchen with a dining area, a wine cellar, and four spacious en-suite bedrooms.
• The basement level includes an additional en-suite guest bedroom, maid’s quarters, a laundry room, and covered parking spaces, all designed for comfort and practicality.
Advantages & Special Features
• This unique asset combines residential luxury with significant development potential.
• The inclusion of a division permit and the vast plot size provide an excellent opportunity for either private use or residential subdivision.
• The property is located within Planning Zone Kα6, which allows for a building density of 90%, a coverage coefficient of 50%, up to two floors, and a maximum building height of 10 metres — offering flexibility for future expansion or new constructions.
• Its strategic location near key amenities, schools, and medical facilities further enhances its appeal, making it an exceptional offering in one of Nicosia’s most sought-after areas.

Property Highlights

Exterior

Balcony Garden

General Features

Maids Room Resale Unfurnished

Services

Electricity Water

Pool

Private Pool

Spaces

Basement Dinning Room Lounge

Sustainability / Energy

Energy efficiency rating Energy data pending

Location

Open in maps
Property location map

Mortgage Expense Planner

Interest rate
Years
Monthly installment
Total interest

Transfer Fees / Costs

Transfer fee individual 172,600
Transfer fee joint 169,200
Stamp duty 8,708

Indicative costs only. Legal and financial advice should be confirmed before purchase.

Nearby

Airports near the property
Beaches near the property

No nearby places available in this category.

Education
Winery

No nearby places available in this category.

Getting around in Strovolos