Villa for sale in Latsia, Nicosia, Cyprus

The property is detached two-storey house in the location known as ‘’Pen Hill’’ in Agios Georgios area, Latsia municipality.

The plot that the house has been erected, has an area of 1,126sqm and it abuts with public green area and governmental land (Athalassa National Forest Park) along its southern and western boundaries respectively.

The house has an internal area of 358sqm, covered verandas of 17sqm, uncovered verandas of 89sqm, basement of 45sqm, storage unit of 9sqm and a covered garage of 41sqm

The ground floor consists of an open plan main living room, a dining room area, one guest toilet, a kitchen with a dining area, laundry room, cellar and a storage unit.

The 1st floor consists of one main bathroom, four (4) bedrooms one of which has an en-suite bathroom and walk-in closet, while the master bedroom also has walk-in closet and jacuzzi.

Externally, the house consists of a garage with two (2) covered parking spaces, uncovered verandas, pergola, swimming pool with an underground engine room, external shower and an ancillary building that consists of a toilet and a storage room.

The basement, access to which is achieved through an external staircase, consists of a boiler room and a storage room.

The house is served by central heating system and air conditioning systems.

The property is vacant.

Main Features
4 Rooms
4 Baths
2 Parkings
VAT No
Occupancy Status Vacant
EPC Energy Class E
Year of construction 1980

Areas
Covered Area
358 m2
Total area
420 m2
Land area
1,126 m2
Covered verandas
17 m2
Uncovered verandas
89 m2
Basement area
45 m2

Nicosia, the capital city of Cyprus, offers a multitude of compelling reasons to consider buying property in this vibrant and historic city. Here are some key factors that make Nicosia an appealing destination for real estate investment:

Strategic Location: Nicosia's central location in the heart of Cyprus makes it a strategic hub for business, trade, and tourism. Its proximity to major airports, seaports, and transportation networks ensures excellent connectivity within the island and beyond.

Cultural Heritage: Nicosia is steeped in rich cultural heritage, boasting a captivating blend of ancient history and modern charm. The city is home to numerous archaeological sites, museums, and historical landmarks, providing residents with a unique and immersive cultural experience.

Thriving Economy: Cyprus has a robust and resilient economy, and Nicosia serves as a major economic center. The city's strong financial services sector, thriving business environment, and favorable tax incentives make it an attractive destination for entrepreneurs and investors.

Quality of Life: Nicosia offers an excellent quality of life, combining a relaxed Mediterranean lifestyle with modern amenities. Residents can enjoy a pleasant climate, delicious cuisine, vibrant nightlife, and a range of recreational activities, including beautiful parks, golf courses, and sports facilities.

Educational Opportunities: Nicosia is home to renowned universities, making it an ideal destination for students and families seeking excellent educational opportunities. The city offers a diverse range of educational institutions, from international schools to prestigious universities, ensuring access to high-quality education.

Real Estate Investment Potential: Nicosia's real estate market presents a promising investment landscape. The city offers a wide range of properties, including apartments, houses, and commercial spaces, catering to various budgets and preferences. Over the years, property values have shown stability and consistent growth, making it an attractive choice for investors.

Infrastructure and Development: Nicosia continues to witness significant infrastructure development, with ongoing projects aimed at improving transportation, public spaces, and urban planning. This focus on modernization ensures a well-connected and well-developed city that enhances the overall quality of life for residents.