7 bedroom villa

This is a fabulous opportunity to acquire a totally unique property in the centre of Karmi - a picturesque traditional village which is nestled into the mountainside, overlooked by St. Hilarion Castle.  The village was abandoned during the war in 1974 with a large number of properties being left in ruins.  As such a large proportion of property in the village centre is leasehold, managed by the Ministry of Tourism.  This is an exception to that in that the main property comes with a freehold title (see below for more information).

FREEHOLD PROPERTY - PRE 74 TITLE

This is a potential 5/6 bedroom property with a private pool. The property comprises a main building, adjacent self-contained apartment and 2 further summer houses.  Each of these properties are packed with traditional features including flagstone flooring and original stone arches.  The first floor of the main building includes a large outdoor terrace with stunning views of St Hilarion Castle.  

The buildings all surround a private swimming pool with a terracotta water feature.  The gardens are packed with mature landscaping and an assortment of fruit trees.

There is a private garage with electric door from the road level and at the lowest level is an old "donkey room" which in the past has been used as self contained accommodation for the gardener - this room requires some attention but could be restored back to full use.

Plot size just over half a donum (750 square metres).

Property is registered on a PRE74 title deed.

LEASEHOLD PROPERTY

Adjacent to the main property is a 2 bedroom bungalow.  This property has private terrace and small garden plus a separate courtyard garden.  From the courtyard you can access an old "donkey room" which could be restored to provide additional accommodation or indeed simply be used as a storage room.  The property is in excellent condition throughout and includes the traditional features that you would expect.

This property is leased from the Ministry of Tourism and has 12 years remaining on its original 49 year lease (as at 2022).  There is a written Government undertaking that the leases will be renewed upon expiry.

Ground rent is currently EUR 830 per annum.