The subject property is located in the parish of Ayia Paraskevi, within the municipal limits of Lakatamia. Specifically, the property abouts on Akadimias Street along its north-western boundary, which is parallel to the Pedieos Linear Park. Moreover, the property is located approximately 200 meters west from Alias Park, as well as 530 meters south-west from Spyrou Kyprianou avenue, which consists the main road that connects Lakatamia – Strovolos municipalities. In general, the under study property is located in a prestigious residential area of the municipality, with easy access to the city centre, the highway and all the necessary services for the public, such us schools, universities, banks, hospitals, supermarkets etc. The
immediate surrounding area of the subject property is characterised by residential use properties, such as detached and semi-detached residences, of ordinary and modern appearance, luxury residences, empty plots and some empty residential fields.
As we mentioned above, the property under study property relates to a luxury detached residence, which has been erected within a plot. The plot has an area of 661sq.m. and has an almost trapezoid shape with even surface and abouts onto a registered asphalted road along its north-western boundary, with a total frontage of approximately 24 meters. Moreover, abuts on a public green area along its southern boundary and is located across from the pedestrian walkway of the linear park offering a direct panoramic view towards the park and the “Manglis”lake, that no building can be erected. Moreover, a huge plot just 1km in a straight line from the subject residence will be developed the new HADASSAH hospital / university, which will constructed by “chapo” and will be ready in the next few years. This fact will raise the existing prices of the area, due to the demand by the employees of the development.
Τhe under study residence has been constructed approximately in 2009 with a re-enforced concrete skeleton and the walls are constructed with heat-insulating “yton” bricks. Moreover, the masonry of the residence is coated with plaster and paint in the interior and exterior masonry. It must be noted that part of the external masonry of the residence has been covered with high quality marble. In addition, the roof of the residence is flat with concrete.
The ground floor of the residence consists of a large open-plan area with a sitting room, a kitchen with dining area, a cinema room, an office room, and a guest toilet and the upper floor consists of four (4) large en-suite bedrooms with walking wardrobes and walking toilets. The basement consists of a maids room with shower / toilet, a small kitchen/ laundry room, a warehouse (cigar and wine cellar), a boiler room, an engine room and gym and pleasure area with a sauna steamer (for two person) and a California spa (for 6 persons). The access to the first floor and the basement is achieved through panoramic stairs and a panoramic hydraulic lift (“orona”). In addition, it must be noted that the residence has a roof garden consists of a
shower, provision for Jacuzzi / spa, water irrigation system, water thumps space, offering a view towards the park and the lake.
Externally the residence benefits from a yard with trees, bbq area, covered and uncovered verandas, a salt chlorinated water swimming pool with grey puzzle ceramic and fibber optics colour changing surrounded by waterfalls and electric/elastic cover. Moreover, the residence offers three parking spaces.
Internal Areas: 661sq.m (252sq.m. ground floor, 243sq.m.
1st floor and 166sq.m. basement)
Roof Garden: 200sq.m
Parking Areas: 53sq.m