Spacious Mixed-Use Property with Pool & Garden in Palaichori, Nicosia

Listed on
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Nicosia, Palaichori, Cyprus, Παλαιχώρι Ορεινής (Cyprus)

4 Bedrooms · 4 Bathrooms · 500Floor area

€380,000

House

Parking

4 Bedrooms

4 Bathrooms

500m²

Garden

Pool

Not furnished

Description

Delve into the charming allure of Palaichori, Nicosia with this mixed-use property offering both residential and commercial possibilities. Nestled in an idyllic setting in Cyprus, this opportunity is perfectly suited for those looking to immerse themselves in local culture while having the option to conduct business or simply enjoy a spacious family home.

The property, built in the early 1990s, stands on a generous plot of 5,844 square meters, providing ample space for both living and commercial activities. You will find a two-story house encompassing 380 square meters, accompanied by a restaurant space of 120 square meters, a supplementary building of 30 square meters, and an expansive uncovered veranda stretching over 180 square meters.

Living here, one can enjoy the practicality of four bedrooms, making it an ideal choice for families or those expecting guests. With four bathrooms, the morning rush is a thing of the past. The property's condition is good but leans towards those who are keen on customizing their space, offering a canvas for renovations and personal flair. It’s a vibrant yet peaceful haven for anyone looking to put their stamp on a property.

If entertainment or commercial ventures are on your mind, the existing restaurant space provides a substantial area to cultivate a culinary business or transform it into any business that suits your expertise and passion. With separate commercial and residential units, the arrangement is also ideal for those considering rental income possibilities.

While the property may require some attention and modernization, especially in personalizing spaces to current standards, its solid structure and comprehensive features present a favorable foundation for such enhancements. Furthermore, the presence of a fireplace, heating facilities, a swimming pool, and a garden enriches the living experience, ensuring comfort throughout the year.

Palaichori, itself a picturesque village in Nicosia, offers a rich blend of cultural heritage and modern conveniences. Its proximity to various amenities such as schools, shops, supermarkets, and restaurants enhances daily life, ensuring all necessities are within easy reach. The area is known for its lush landscapes and offers a plethora of outdoor activities, from hiking and biking in the nearby trails to exploring local wineries and artisan markets.

Palaichori’s climate boasts mild winters and warm, balmy summers, characteristic of the Mediterranean, making it an ideal year-round destination or dwelling place. Whether you’re lounging at your poolside in summer or cozying up by the fireplace in winter, the climate complements the lifestyle here beautifully.

A list of amenities includes:
- Fireplace
- Central heating
- Private garden
- Outdoor swimming pool
- Extensive outdoor space

Property features:
- Total area: 500 square meters
- Bedrooms: 4
- Bathrooms: 4
- Supplementary building: 30 square meters
- Uncovered veranda: 180 square meters
- Plot land area: 5,844 square meters

To sum up, this property not only offers a spacious family home but also presents various entrepreneurial directions owing to its mixed-use nature. Living in Palaichori provides a taste of authentic Cypriot life enriched with modern necessities – a balanced blend that is rare and sought after. It is a promising investment for those aiming to enjoy serene residential life while exploring potential business avenues. Whether for private enjoyment or rental purposes, this property accommodates a spectrum of possibilities and awaits its next owner to revive and embrace its full potential.

Details

Amount of bedrooms
4
Size
500
Price per m²
€760
Garden size
5844
Has Garden
Yes
Has Parking
Yes
Has Basement
No
Condition
good
Amount of Bathrooms
4
Has swimming pool
Yes
Property type
House
Energy label

Unknown

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