Property 2645 Kapedes, Nicosia / H-120363
Rare Opportunity To Buy A Traditional Fully Furnished Listed House In Kapedes Village
-65%
Opportunity!
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Nicosia Indicative Price
2,410.67 €This Property
847.83 €For Sale • Deal
195,000€
Estimated Mortgage
/month
2
beds
1
bath
230
m2
314
Plot
Overview
Property Description
A restored traditional house in a charming village near Nicosia, fully furnished with Cypriot antiques, with a separate external building to use as a home office, extra bedroom, or maids room. This listed property is eligible for government financial incentives that include up to 50% of the cost of any further renovations or changes. Location This 2/3 bedroom, renovated traditional stone and adobe house is in Kapedes Village, 25km South of Nicosia.. It is situated inside the historic centre of the village, it is set within walking distance to the Mahairas forest.
It is also close to some interesting historical monasteries as well as the ancient site of Tamassos. Easy access is also available to all amenities and restaurants. External Features The building is located next to a pedestrian pathway. It is on elevated land affording nice views of the village especially from the upper floor.
The house was built in 1862 and renovated in 1992. Its traditional external facade looks impressive. The house has a fully grown garden with mature fruit trees that include a walnut, lemon, pomegranate, apricot, walnut, carob tree and many flowers. Internal Characteristics Internal area of 230sq.m.
Land area of 314sq.m. There are two bedrooms, master bedroom with small balcony with amazing view. There is also a large bathroom with a sunken bath. There are two living rooms.
One for the winter which has stone walls and a cast iron fireplace and one very large one for the summer (with fireplace) that boasts a traditional archway. The kitchen with dining area, is equipped with a cooker, oven and fridge. There is a lovely covered arched patio that faces the garden. The house is fully furnished with antique Cypriot furniture that are included in the price.
There is an external garden stone-built room with loft. Advantages - Special Features 2 fireplaces Movable Storage heaters External garden stone-built room with loft suitable for office, guest room or maids room. Excellent quality traditional flora Furnishings that are included are all unique antique Cypriot furniture lovingly collected over many decades. Government incentives The house has a preservation order with the Dept of planning and has never benefitted from the financial incentives given by the government.
This can be found in the following link and include the following: 50% of the cost of any renovations/changes done. Any income from the property is not taxed. No transfer fees. http://www.moi.gov.cy/moi/tph/tph.nsf/lawsregulations_el/lawsregulations_el?opendocument The building has full documentation of architectural drawings so any potential changes the buyer might decide to do can be easily submitted.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Balcony
Garden
Resale
Dinning Room
Lounge
Location
42.11 kms
89.79 kms
8.39 kms
9.05 kms
Transfer Fees
Transfer Fees Individual
4,400 €
Transfer Fees Joint Names
3,175 €
Stamp Duty
298 €