For Sale
750,000€
Development potential
Residential

Unique Multi-Residence Property in the Prestigious RIK Area of Aglantzia

Key Features

ID: 41954
  • 8
  • 4
  • 4
  • 650sqm
  • CategoryResidential
  • TypeDetached House
  • AreaAglantzia, Nicosia
  • Price per sqm1,154€
  • Year of construction1984
  • StatusResale
  • Energy efficiency ratingPending
  • Covered650sqm

Description

For Sale – Unique Multi-Residence Property in the Prestigious RIK Area of Aglantzia

An exceptional opportunity to acquire a substantial residential property in one of Nicosia's most desirable neighborhoods, the sought-after RIK area of Aglantzia.

Occupying a full plot and offering approximately 650 sqm of covered living space, this versatile property combines generous accommodation, multiple independent living units, and outstanding potential for large families, multi-generational living, investment, or redevelopment.

The property consists of a spacious main residence, a separate guest/parents' house, and an independent attic apartment, all set within a well-established residential area close to the city centre, universities, schools, and essential amenities.

Main Residence – 538 sqm
Spread across two floors, the main house offers impressive living spaces and flexible accommodation:
•8 bedrooms in total
•One bedroom currently configured as a TV room
•One bedroom currently used as a home office
•One bedroom converted into a walk-in wardrobe
•2 spacious sitting rooms
•2 dining rooms
•Large family kitchen
•4 bathrooms

A key advantage of the property is that it was designed with provisions to be divided into two independent 4-bedroom residences, one on each floor, offering exceptional flexibility for future use.
Separate Parents' House – 60 sqm

Located at the rear of the property, this self-contained residence features:
•1 bedroom
•Open-plan living, dining, and kitchen area
•1 bathroom
Independent Attic Apartment – 52 sqm

A private upper-level apartment comprising:
•Open-plan living/sleeping area
•Bathroom

Additional Features:
•Central heating plant room
•Storage shed
•Parking for up to 4 vehicles
•Full plot ownership
•Quiet and prestigious residential location

Location Highlights:
•Prime RIK area of Aglantzia
•One of Nicosia's most established and sought-after residential neighborhoods
•Close to the University of Cyprus
•Easy access to Nicosia city centre
•Near schools, parks, supermarkets, cafés, and all amenities
•Excellent connectivity to major road networks

Property Condition:
The property offers excellent structural value and substantial accommodation, while allowing the new owner to modernize and customize according to personal preferences. Some maintenance is recommended, including:
•Repainting and general cosmetic upgrades
•Servicing of electro-mechanical systems
•Limited flooring replacement in selected areas

With its rare size, flexible layout, multiple independent living units, and prime location, this is a unique opportunity to acquire a landmark residential property in Aglantzia with enormous potential for family use, rental income, or future redevelopment.
Contact Cyprus Properties today to arrange a viewing!

Floor Plans

Thank you for your message!

Mortgage Calculator

  • Mortgage ratio
  • Mortgage amount
  • Total interest payable
  • Total amount to be paid
Newsletter
Thank you for your submission!
×