Cyprus Property Forum for Buyers, Sellers & Investors

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.

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,

Thanks Nigel.