€340,000
3 Bedroom Detached House , Aglantzia, Nicosia
Condition
Resale
Energy
NA
Features
- Parking
- Storage Room
Property description
Location • Residing in the desirable municipality of Aglantzia, this home is positioned within a peaceful and well-established residential neighbourhood of Nicosia. • The surrounding area provides superb convenience for families, with reputable local schools and kindergartens located just a few hundred meters away. • Residents will appreciate the immediate proximity to a wide array of essential services, including supermarkets, pharmacies, cafes, and local businesses. • This prime address offers a tranquil living environment while ensuring swift and easy access to Nicosia's vibrant city centre and main arterial roads. • The locale is perfectly suited for those seeking a quiet, community-oriented lifestyle with all the advantages of city living close at hand. External Features • This detached residence is situated on a generous and flat plot of 539 square meters, offering significant outdoor space and potential. • The property features a substantial street frontage of approximately 22 meters with a favorable southwestern orientation, maximizing natural light. • A covered veranda extends the living space outdoors, providing a pleasant area for relaxation and alfresco dining throughout the year. • The home includes a dedicated covered parking space, which is conveniently accessed via a ramp leading to the basement level. • The plot's configuration and size present a canvas for future landscaping or garden development to create a private and green oasis. Internal Characteristics • The ground-floor layout encompasses a spacious 166 square meters of internal area, designed for practical and comfortable family living. • A traditional floor plan includes a separate kitchen, a comfortable sitting room, and a combined living and dining area for formal gatherings. • The residence comprises three well-proportioned bedrooms, offering quiet and private spaces for all members of the family. • A full bathroom serves the home, while a spacious basement provides valuable additional storage and utility space away from the main living quarters. • The home's design allows for an abundance of natural light, creating a warm and inviting atmosphere throughout the interior spaces. Advantages - Special Features • This property holds significant investment appeal, being situated in a high-demand residential zone with a 120% building density factor. • The availability of a separate title deed ensures a secure and straightforward ownership transfer process for the new buyer. • Its single-level living arrangement makes it an excellent option for families or individuals seeking accessible and convenient daily life. • The large plot and existing structure offer a fantastic opportunity for a full renovation or redevelopment project to realise its full potential. • Representing a unique acquisition in a prime Nicosia suburb, this asset is ideal for end-users or as a long-term investment holding.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.
Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.
First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.
Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.
Use only if the planning-permit and declaration deadlines apply.
- Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
- Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
- No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
- Mortgage registration is estimated at 1% of the mortgage amount.
- Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
- ID/passport, proof of address, tax details, and source-of-funds evidence.
- Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
- Sales agreement, valuation, title deed or planning documents, insurance, and deposit proof.
- Ask the bank which first-home products and documents apply.
Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.