Historic city center character cottage for renovation project
A true gem waiting for the savvy investor to rennovate this hidden treasure in the heart of the City Center.
Currently not declared as a listed building but could due to its 1932 architecture and its beautiful features: Tall and narrow Wooden windows with exterior wooden shutters and solid stone window and door surrounds.
The old original door has been replaced by an ugly iron door but that can be rectified easilt. internally there are high wooden ceilings and solid wood floors.
The traditional characteristic of the age internal courtyard is begging for a touch of landscaping but not much, since there are already 3 fruit bearing lemon trees and believe it or not a Papaya tree!!!
The major structure at the front is complemented by 2 granny annexes at the back which are also waiting to be restored or somehow connected to the main house.
The property can easily achieve listed status with all the financial benefits of European funding and Government subsidies for listed buildings restoration as well as the incentives for selling available co-efficients.
A clever investor can turn this into a huge potential capital gain.
Covered Area:120 m2
Plot Size:230 m2
PLEASE MENTION VL8770
NICOLAOU ESTATESVerified account
Posting since feb, 2017 Other ads from this seller
Agent reg. number: 693
Agent license no.: 365/E
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