House For Sale Nicosia Ad:896728

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€1,350,000

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House 4 bedrooms
For Sale
Nicosia
Cyprus

HOUSE FOR SALE IN THE CENTRE OF NICOSIA, CYPRUS

Land Registry Details of the Plot
Plot No. 397 on the Land Survey Department plan No. XXI 54 02 04 in Zinonos Sozou Street , Block C, Ayioi Omoloyites district, Nicosia. Area of the plot 546 sq. m., Registration No. C419, on the name of
Maria Xenidou.

The plot is in the Zone Ka2, which means that the Building Ratio is 1.60/1, the Cover Rate is 0.5/1 and it is
allowed to build up to six stories, plus two levels below ground, taking the whole area of the plot --(Phone number)--
sq. m.), plus an extra seventh story (not necessarily on the top floor) that shall be used solely as a
common place for all the tenants, housing for example a swimming pool, games for children,
amusements etc.

Description of the Area and the House
The house is in a building plot in Zinonos Sozou Street, No. 38, in Ayie Omoloyites district of Nicosia
Municipality.

Zinonos Sozou Street is a central street in Nicosia. It joins two main avenues in the center of town. On
one side there is John Kennedy Avenue, a commercial main street, and on the other side there is
Makarios Avenue, the main commercial street in the center of Nicosia. The house is a few meters from the
Russian Cultural Center, opposite an office of the Ministry of Agriculture, and a 3-minutes drive from the
Hilton Hotel.

The house is a one-story ground level independent residence. It consists of an entrance hall,
drawing/dining room with fireplace of Italian marble, office room, kitchen with dining table and second
fireplace, WC for guests with wash basin, three bedrooms and bathroom with WC.

Outside the house there are large verandas and yard with a mature garden. The front of the house outside
is covered with a special stone. Inside the drawing/dining room the walls are covered with luxury wood.
The roof is flat, made of concrete.

The house was built in the year 1964, but it is well kept and in good condition. It is an ideal building for an
office or residence for a family, in case the development needs to be delayed. The foundations of the
existing building are good for another two stories on top, which might be an attractive, more economical
kind of development.
However, the highest and best use for this plot is the construction of a seven-story impressive building
(plus two levels of 546 sq. m. each below ground for parking and storage), to be used as offices and/or
residences.
For Further Inquiries please contact
Price 1,800,000 million Euro

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