€250,000
3 Bedroom Detached House , Lympia, Nicosia
Condition
Resale
Energy
NA
Features
- Parking
- Garden
Property description
Location • Nestled within the developing and picturesque community of Lympia, offering a tranquil residential setting with convenient access to local amenities. • Positioned just a short distance from the Lympia Elementary School and the community's cultural center, making it ideal for family life. • Situated in a quiet neighbourhood that provides easy and direct access to the motorway, connecting residents swiftly to Nicosia and other major cities. • The property enjoys a prime corner position, enhancing its sense of space and providing a prominent placement within the local area. • This location balances the charm of village living with the convenience of being close to all necessary services, shops, and daily necessities. External Features • This detached ground-floor residence is thoughtfully positioned on a generous 669 square meter corner plot, secured by perimeter fencing for privacy. • A substantial street frontage of approximately 49 meters defines the property, creating an impressive and open approach to the home. • The home includes a spacious 29 square meter covered veranda, providing an excellent sheltered space for outdoor dining and relaxation throughout the year. • The grounds feature a dedicated garden area, offering a wonderful canvas for landscaping and creating a private green oasis for the family to enjoy. • A designated covered parking space is included, ensuring protection for your vehicle from the elements and providing convenient off-street parking. Internal Characteristics • The main ground floor living area encompasses 158 square meters, featuring a well-defined layout with a comfortable living room, a separate dining area, and a kitchen. • This single-level design hosts three well-proportioned bedrooms, providing comfortable and private accommodation for family members and guests. • The ground floor includes a full family bathroom and a separate guest toilet, conveniently serving the main living and sleeping quarters. • An expansive basement of approximately 120 square meters adds significant versatile space, complete with its own room, a kitchen, and a guest toilet. • The layout is designed to accommodate a comfortable family lifestyle, with a clear and practical separation between the living and private spaces. Advantages - Special Features • A separate title deed is available for the property, ensuring a straightforward and secure transfer of ownership for the new buyer. • The property's location within the Kα6 residential zone, which allows for a 90% building factor, presents significant potential for future development or extension. • The vast and highly versatile basement, equipped with a kitchen and toilet, offers exceptional potential as a guest suite, home office, or recreational area. • This home is perfectly suited for permanent family residence, offering ample space, a secure environment, and a location close to essential community facilities. • The combination of a large plot, a flexible internal layout, and a strategic location provides a compelling opportunity for long-term investment and capital appreciation.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Beta feature — indicative estimates only, not financial or legal advice.
Beta — mortgage estimates only
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.