Location
• Situated in the serene and traditional community of Peristerona, offering a peaceful village lifestyle away from the urban hustle.
• The property is conveniently positioned just a short distance from the community's central hub, placing local conveniences within easy reach.
• Residing in a quiet residential area, the location ensures a calm and private environment ideal for both living and professional activities.
• Proximity to the local elementary school makes this an advantageous location for families considering educational facilities for their children.
• Enjoy the authentic charm of a Cypriot village while still benefiting from straightforward access to the wider Nicosia district for commuting.
External Features
• This substantial two-storey building is positioned on a generous share of land, providing extensive private outdoor space for future development.
• A combination of covered and uncovered verandas, totalling over 165 square metres, offers ample opportunity for creating diverse alfresco living areas.
• The expansive plot provides a blank canvas for professional landscaping, allowing for the creation of beautiful gardens, recreational zones, or customer parking.
• The property's structure, dating from circa 1987, presents a solid foundation for modernisation and architectural enhancement to suit contemporary tastes.
• The considerable land area ensures a high degree of privacy and separation from neighbouring properties, enhancing its exclusive appeal.
Internal Characteristics
• The ground floor features an exceptionally large open-plan space of approximately 400 square metres, complete with three bathrooms and internal staircase access.
• The first floor is comprised of two incomplete apartments, presenting a unique opportunity for a buyer to finish the spaces to their exact specifications.
• One upstairs unit is designed to be a spacious four-bedroom apartment, planned with an open-plan living room, kitchen, and multiple bathrooms.
• A second, separate apartment is laid out to become a comfortable one-bedroom residence with its own living room, kitchen, and bathroom.
• With a total internal area of approximately 630 square metres, the building provides immense capacity and flexibility for a variety of uses.
Advantages - Special Features
• This property represents a unique investment opportunity, offering significant potential for renovation to generate substantial rental yields from multiple units.
• The mixed-use configuration is perfectly suited for an entrepreneur wishing to establish a business on the ground floor while residing upstairs.
• Its vacant status allows for immediate possession upon purchase, enabling the new owner to commence renovation or development plans without delay.
• The sheer scale of the building and its plot offers a versatile foundation for creating a large family compound or a multi-unit residential project.
• The incomplete nature of the first-floor apartments provides a "blank canvas" for total creative control over the final design, materials, and finishes.
