An outstanding opportunity to acquire a ground-floor residence in one of the most prestigious and high-value areas of Nicosia, located in the sought-after Montparnasse area of Engomi, near Alphamega.
The property sits on a generous 549 sqm plot and offers 233 sqm of internal covered areas, plus a small basement. Built in 1973, the house features high-quality construction and architectural design by the renowned Vafeadis Architects, reflecting timeless craftsmanship and solid structural integrity.
Despite its age, the property remains in excellent structural condition, with no underlying issues over the years. It showcases premium materials, including marble finishes and natural mountain stone, adding character and long-term value.
The house requires renovation, making it ideal for customization or redevelopment. Importantly, the property benefits from building density allowing for an additional floor, offering strong development potential.
This is a rare investment opportunity, as the asking price essentially reflects the land value alone, providing significant upside for investors or end-users seeking a premium location.
