About
Description
📍 Location: Archiepiskopou Filotheou, Chrysaliniotissa
📜 Building Permit Ready
An exceptional investment opportunity in the historic Walled City of Nicosia! This preserved traditional Cypriot house offers a rare chance to own a piece of Nicosia's architectural heritage, with building permission approved for renovation and expansion.
🏡 Property Details
📐 Land Area: 490 m²
🗺️ Zoning: KA-A
📏 Building Density: 140% (686 m² allowed)
📏 Coverage Ratio: 70% (343 m² allowed)
🏢 Floors Allowed: 2
📏 Max Height: 8 meters
📑 Two Development Scenarios for Buyers
Scenario 1: Renovation of the Existing Listed Property
🏠 Existing Preserved Building: 99.5 m²
✔ 20% of the Building Density Used
✔ Ideal for those looking to restore and preserve a unique piece of traditional architecture
✔ Building Coefficient for Sale
Scenario 2: Expansion with Additional Modern Structures
🏠 Existing Building: 99.5 m²
🏗 Proposed Ground Floor Addition: 125 m²
🏗 Proposed First Floor Addition: 82.45 m²
📦 Auxiliary Spaces: 22.5 m²
📏 Total Area After Expansion: 329.45 m²
✔ 67.25% of the allowed 140% Building Factor used
✔ Potential for additional development, leaving 72% of the Building Coefficient for further Sale or Expansion
🔹 Investment Potential
Excellent opportunity for residential or mixed-use development
Prime location in Nicosia’s cultural hub
Ideal for boutique hotels, luxury residences, or private offices
Proximity to historical landmarks, cafes, and shopping districts
📜 Building Permit Ready
An exceptional investment opportunity in the historic Walled City of Nicosia! This preserved traditional Cypriot house offers a rare chance to own a piece of Nicosia's architectural heritage, with building permission approved for renovation and expansion.
🏡 Property Details
📐 Land Area: 490 m²
🗺️ Zoning: KA-A
📏 Building Density: 140% (686 m² allowed)
📏 Coverage Ratio: 70% (343 m² allowed)
🏢 Floors Allowed: 2
📏 Max Height: 8 meters
📑 Two Development Scenarios for Buyers
Scenario 1: Renovation of the Existing Listed Property
🏠 Existing Preserved Building: 99.5 m²
✔ 20% of the Building Density Used
✔ Ideal for those looking to restore and preserve a unique piece of traditional architecture
✔ Building Coefficient for Sale
Scenario 2: Expansion with Additional Modern Structures
🏠 Existing Building: 99.5 m²
🏗 Proposed Ground Floor Addition: 125 m²
🏗 Proposed First Floor Addition: 82.45 m²
📦 Auxiliary Spaces: 22.5 m²
📏 Total Area After Expansion: 329.45 m²
✔ 67.25% of the allowed 140% Building Factor used
✔ Potential for additional development, leaving 72% of the Building Coefficient for further Sale or Expansion
🔹 Investment Potential
Excellent opportunity for residential or mixed-use development
Prime location in Nicosia’s cultural hub
Ideal for boutique hotels, luxury residences, or private offices
Proximity to historical landmarks, cafes, and shopping districts
Details
City:
Walled Old City
House Type:
Semi Detached House
Construction Stage:
Resale
Bedrooms:
2
Bathrooms:
0
Block:
2
Construction Year:
1950
Parcel Number:
5
Plan:
460316
Registration Number:
2/13
Share:
1/2
Sheet:
21
Zone:
Ka-a
Areas
Internal Area:
100m²
Plot Area:
490m²
Total Area:
100m²
Main Features
City View:
Title Deeds:
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