Historic city center character cottage for renovation project

Limassol district, Limassol — Katholiki
Posted: 08.05.2018 13:54 Ad ID: 1946645
Historic city center character cottage for renovation project-1
  • Condition Resale
  • Parking Uncovered
  • Air conditioning No
  • Furnishing Unfurnished
  • No. of bathrooms 2
  • Type Detached house
  • Pool No
  • No. of bedrooms 3

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The old original door has been replaced by an ugly iron door but that can be rectified easilt.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.

Year Built:1932

Covered Area:120 m2

Plot Size:230 m2

PLEASE MENTION VL8770

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NICOLAOU ESTATES

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Posting since feb, 2017 Other ads from this seller

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Agent license no.: 365/E

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NICOLAOU ESTATES

Posting since feb, 2017

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