Stylish, Elegant & Modern Residence with Internal Courtyard in the Heart of Old Nicosia<\/p>\n
This beautifully designed property is located in one of the most charming and sought-after areas of Old Nicosia, combining modern living with traditional character. Featuring an internal courtyard and elegant architectural elements, it offers a unique lifestyle opportunity in the historic city center.<\/p>\n
The total enclosed area of the residence is approximately 236m\u00b2.<\/p>\n
Key Benefits:<\/p>\n
Transferable Building Coefficient: Potential to transfer or sell the unused building density, as well as reclaim lost density.<\/p>\n
Rental Income Tax Exemption: Income derived from leasing the property, provided it is preserved or renovated, is exempt from income tax.<\/p>\n
Government Subsidy: Eligible for a government grant of up to \u20ac100,000 for restoration or renovation works.<\/p>\n
Tax-Deductible Maintenance Costs: All verified maintenance expenses (after grant deductions) can be fully deducted from the owner\u2019s taxable income, distributed over the applicable years.<\/p>\n
Full Property Tax Exemption: No property tax applies under the listed building framework.<\/p>\n
This is a rare opportunity to acquire a distinguished property with significant financial and tax incentives, ideal for residential or investment purposes.<\/p>\n
For more information or to arrange a private viewing, please contact us.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Stylish, Elegant & Modern Residence with Internal Courtyard in the Heart of Old Nicosia This beautifully designed property is located in one of the most charming and sought-after areas of Old Nicosia, combining modern living with traditional character. Featuring an internal courtyard and elegant architectural elements, it offers a unique lifestyle opportunity in the historic 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