A Historic Gem Near the Presidential Palace

This unique property, located in one of the most sought-after areas near the Presidential Palace and the lush green zone of the Pedieos River, presents a remarkable investment opportunity. Walking distance to numerous amenities, including shops, schools, and public transport, this property offers a prime location with immense potential. Currently a 180 sqm residence set on an expansive 809 sqm plot, the property is in need of renovation but offers significant possibilities for expansion and modernization. With a generous land size, there is considerable potential to enlarge the living space through extensions, allowing for the creation of a luxurious home tailored to your needs.

The property is situated in a prestigious area close to the Presidential Palace and the scenic Pedieos River green area, providing easy access to city amenities. The land spans 809 sqm, offering ample space for further development, parking, and leisure areas. While the property is livable in its current condition, it requires renovation, providing an excellent opportunity to restore and enhance the property according to modern standards. As a listed property, it benefits from specific advantages under the Κλάδος Διατήρησης, which may offer financial incentives for restoration projects.

With the large land size, there is significant potential to expand the house further, creating additional living space and increasing the overall value. The property includes provisions for a large pool and ample parking space, further enhancing its appeal. To proceed with this exciting project, an architect will be essential to guide you through the process of renovation and ensure that all benefits of the listed status are fully utilized. For further information regarding listed property benefits, you can visit the official government website.

This is truly a rare opportunity for those looking to invest in a property with endless potential in a highly desirable location.