The property for sale is a residential (two-story) building in Agios Vasileios quarter of Strovolos Municipality in Nicosia District.

The property has a very good access to all necessary services and the motorway. In addition, Strovolos and Nicosia city center are only a short drive away.

The building is split into a ground floor house and an incomplete upper-level house on the 1st floor.

The ground floor house was built around the year 1976 and internally consists of dining/ siting area, kitchen, guest toilet, bathroom and three bedrooms. Internal area of house is approximate 160m2 plus a covered veranda is approximate 20sqm.

The upper-level house is incomplete and the construction works begun around the year 2002. The house is at the final stage of construction as the completed works include the structure, the brickworks, the flooring works and the installations of external doors/ windows. Internally consists of dining /siting area, kitchen, guest toilet, bathroom and three bedrooms. Internal area of house is approximate 154m2 plus a covered veranda is approximate 26sqm.

It is noted that the ground floor house is occupied and the upper level house is vacant.

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.