Commercial for sale, Nicosia, Kato Deftera

Property with Completed Ground Floor House and Incomplete Two-Storey House for Sale in Kato Deftera, Nicosia Discover a unique investment opportunity in Kato Deftera, one of the most attractive residential areas of Nicosia District, combining comfortable living, development potential, and an excellent location. The property is situated on a quiet cul-de-sac, close to Agios Nikolaos Church and within a short distance of Grammar School, providing easy access to schools, supermarkets, shops, services, and the road network connecting Nicosia with neighboring communities. The property consists of a completed ground-floor residence and an incomplete two-storey house, offering exceptional flexibility for both residential use and real estate investment in Cyprus. The completed ground-floor house was constructed around 2007 and features a spacious living room, dining room, kitchen, guest toilet, and two bedrooms, with the master bedroom benefiting from an en-suite bathroom. Externally, the property includes a private swimming pool, courtyard, verandas, and covered parking, creating a comfortable and enjoyable living environment. The incomplete two-storey house offers outstanding potential for completion according to the new owner's preferences and requirements. According to the design, it will comprise a kitchen, living room, guest toilet, shower room, laundry room, and three bedrooms, with the master bedroom featuring an en-suite shower room. In addition, the property includes an impressive roof garden of approximately 190 sq.m., ideal for outdoor entertaining and relaxation. The completed ground-floor residence offers approximately 148 sq.m. of internal living space, approximately 25 sq.m. of uncovered verandas, and approximately 20 sq.m. of covered parking. The incomplete two-storey house offers approximately 278 sq.m. of internal area, providing exceptionally generous living spaces. The property is built on a plot of approximately 559 sq.m. and falls within the residential planning zone H2 with a building density coefficient of 90%, further enhancing its long-term value and development prospects. It should be noted that a mutual agreement has been reached regarding the property, under which it will be delivered vacant without the payment of rent. This property represents an excellent opportunity for buyers seeking a residence, a development project, or a valuable real estate investment in Cyprus with significant future potential. Do not miss the opportunity to acquire a property featuring a completed residence, private swimming pool, and additional development potential in one of Nicosia’s most sought-after residential locations. Contact G&P Lazarou Estate Agents today at +357 22024949 or email sales@gplazarou.com to arrange your private viewing!