Listed houses

Questions about selling property
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espghia
Posts: 11
Joined: 30 Aug 2022 12:45

Listed houses

Post by espghia »

Hi All, this is a bit of a "how long is a piece of string" question.

Do listed properties usually command a higher price because of their charm and ability to use density elsewhere and potential for a government subsidy to do a renovation?

Or is the case that they sell for cheaper because you can't knock them down and any renovation must meet stringent standards that might make it more costly?

I am thinking of selling my place (a listed house) but am not sure how to price it as it has several unique features. I welcome any feedback.
Nigel Howarth
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Re: Listed houses

Post by Nigel Howarth »

Hi espghia

Listed houses are more expensive to renovate as the materials used are regulated, but may be more attractive to some buyers looking for charm and original features.

I know you can sell you unused development rights to someone else who can use it elsewhere, but I don't know what is permitted.

To get a decent valuation, I suggest you get a RICS Valuation Surveyor or a member of the Cyprus Property Valuers Association.

I suggest you also check out Legislation and Regulations governing Preserved Buildings, which has details of grants and the relevant laws.

Regards,
Nigel Howarth
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espghia
Posts: 11
Joined: 30 Aug 2022 12:45

Re: Listed houses

Post by espghia »

Thanks Nigel.
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