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810 000 €

House in Nicosia, Cyprus, 225 m²
  • House in Nicosia, Cyprus, 225 m² - picture 1
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  • House in Nicosia, Cyprus, 225 m² - picture 1
  • Property ID on Prianproperty.com: 4012548
    Property ID on company's website: 79278
    Last update: 10.04.2025
    Number of views: 55

810 000 €

House in Nicosia, Cyprus, 225 m²

225 sq.m 3 3

  • Property ID on Prianproperty.com: 4012548
    Property ID on company's website: 79278
    Last update: 10.04.2025
    Number of views: 55

Specifications

Sale price 810 000 €
House Area 225 m²
Number of bedrooms 3
Number of bathrooms 3
Address Cyprus, Nicosia

Description

Located in the heart of Old Nicosia, just steps away from the Archbishop’s Palace and within walking distance to major cultural attractions and Makarios Avenue, this exceptional heritage-listed residence offers a rare opportunity to own a piece of Cyprus’s architectural history. Seamlessly blending historic charm with modern luxury, the property stands as a testament to thoughtful restoration and high-end design.
Originally restored in 2009 with the support of government grants and further refurbished in 2013 by its current owner, the home spans 225 square meters on a 190 square meter plot. The renovation, led by renowned architect, preserved the soul of the original structure while introducing state-of-the-art features throughout. Every element, from the layout to the materials, reflects quality and refinement.
The ground floor welcomes you with a bright sunroom that opens into an elegant dining area, which flows effortlessly into a spacious living room and a fully equipped kitchen. A small guest WC is discreetly positioned for convenience. A detached guest house enhances the property’s versatility, offering its own living space, en-suite bathroom, and a mezzanine-level bedroom—ideal for hosting guests or generating rental income. At the heart of the home lies an inviting internal courtyard, perfect for entertaining, complete with a BBQ area and bar. Adjacent to it is a dedicated wellness space that houses a heated indoor jacuzzi with massage jets, rain shower, mirror TV, and a high-end audiovisual system—an indulgent retreat blending comfort and character.
Upstairs, the first floor features a tranquil library and study area, a master bedroom with a walk-in closet leading to an elegantly appointed bathroom, and a second bedroom with ample space to incorporate an en-suite if desired. A second bathroom, fitted with both a bathtub and shower, adds to the home’s comfort and practicality. Two charming balconies and a loft storage space complete the upper level, enhancing both functionality and aesthetics.
Modern technology is thoughtfully integrated throughout. A centralized smart lighting system allows you to control all lights via smart switches or mobile devices, with preset modes including a “romantic mood” setting. The entire residence and garden are pre-wired with an advanced audiovisual network, allowing seamless connectivity for entertainment and digital services. Climate control is equally refined, featuring underfloor heating with the option of a natural gas boiler or inverter chiller powered by electricity. Centralized air conditioning, serviced annually, ensures optimal comfort in every room via a professional-grade inverter chiller system.
Included in the sale are custom-made furnishings, including a beautifully crafted living room set and antique light fixtures that perfectly complement the property’s elegant atmosphere. While, as is typical for homes in the old town, the residence does not offer private parking, communal off-street parking is available just 20 meters away, with a municipal parking lot located within 50 meters.
Currently generating an estimated rental income of €3,000 per month, the property also holds strong potential as a high-end Airbnb or boutique hospitality venture. Its prestigious location, timeless design, and luxurious amenities position it as a truly outstanding investment—whether for private living or as a unique commercial opportunity.
For more information or to request photographs, please contact us directly.

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Cost of accomodation in Nicosia

Cost of accomodation in Nicosia
Restaurants
Cappuccino (regular) 3.20 €
Coke/Pepsi (0.33 liter bottle) 1.34 €
Domestic Beer (0.5 liter draught) 4.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 57.50 €
Meal, Inexpensive Restaurant 12.00 €
Water (0.33 liter bottle) 0.63 €
Imported Beer (0.33 liter bottle) 5.50 €
Markets
Apples (1kg) 2.66 €
Banana (1kg) 1.83 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 9.63 €
Bottle of Wine (Mid-Range) 7.00 €
Chicken Fillets (1kg) 8.12 €
Domestic Beer (0.5 liter bottle) 1.50 €
Eggs (regular) (12) 3.01 €
Lettuce (1 head) 0.41 €
Loaf of Fresh White Bread (500g) 1.81 €
Local Cheese (1kg) 10.71 €
Milk (regular), (1 liter) 1.47 €
Onion (1kg) 0.96 €
Oranges (1kg) 2.14 €
Cigarettes 20 Pack (Marlboro) 5.00 €
Potato (1kg) 1.09 €
Rice (white), (1kg) 2.34 €
Tomato (1kg) 2.52 €
Water (1.5 liter bottle) 0.85 €
Imported Beer (0.33 liter bottle) 2.65 €
Transportation
Gasoline (1 liter) 1.50 €
Monthly Pass (Regular Price) 40.00 €
One-way Ticket (Local Transport) 2.00 €
Taxi 1hour Waiting (Normal Tariff) 45.00 €
Taxi Start (Normal Tariff) 3.50 €
Taxi 1km (Normal Tariff) 1.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27 512.50 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 641.14 €
Apartment (1 bedroom) Outside of Centre 545.95 €
Apartment (3 bedrooms) in City Centre 1 284.21 €
Apartment (3 bedrooms) Outside of Centre 1 012.11 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.62 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 185.95 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.08 €
Sports And Leisure
Cinema, International Release, 1 Seat 9.50 €
Fitness Club, Monthly Fee for 1 Adult 59.58 €
Tennis Court Rent (1 Hour on Weekend) 18.33 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 83.75 €
1 Pair of Men Leather Business Shoes 97.78 €
1 Pair of Nike Running Shoes (Mid-Range) 80.77 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.11 €
Childcare
International Primary School, Yearly for 1 Child 6 500.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 345.45 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 2 466.67 €
Price per Square Meter to Buy Apartment Outside of Centre 1 933.33 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 1 467.73 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.21 %

Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.