FOR RENT - €5,000 /MONTH - REF. NO. L92988
Listed house for rent in Strovolos area – Nicosia.
- Ground storey stone-built house of historical architectural heritage is available for rent.
- It is located in a commercial avenue, close to the Presidential Palace, Wargaming building, PWC, PIO. close to all the commercial streets and city centre.
- The property enjoys easy access to shops, schools, government departments, banks and the city center.
- The subject property is officially characterized as a listed building of historical heritage and as such is entitled to a significant number of incentives which are granted by the Government of the Republic of Cyprus for restoration, refurbishment, and limited extensions (up to 30% of the existing building area) to the existing building such as:
- Financial incentives i.e., straightforward state grant to the owner for the full restoration of the property.
- Tax incentives such as deduction of renovation cost from earnable income and of rental income from income tax.