CENTRALLY LOCATED SIX-STOREY BUILDING IN NICOSIA
46 APARTMENTS WITH INVESTMENT POTENTIAL
VACANT PROPERTY WITH REDEVELOPMENT PLANS AVAILABLE

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This six-storey residential building is situated in a central and well-established area of Nicosia, within a highly sought-after neighborhood known for its blend of commercial activity and residential convenience. Positioned in close proximity to key amenities such as shops, banks, cafes, and restaurants, the location offers excellent access to the city centre, making it highly attractive for both short- and long-term tenants.
The property comprises 46 individual apartments, each ranging between 18 to 22 square meters, making them ideal for student housing, short-stay rentals, or urban professionals. The total internal area spans approximately 877 sq.m., with an additional 153 sq.m. of common areas. The building also includes an elevator and uncovered parking spaces, adding to its functionality and appeal.

Currently vacant, the building presents a compelling investment opportunity with strong rental income potential. Additionally, architectural plans are available for a proposed redevelopment, offering further scope to enhance the property's value and maximise returns.

With its prime location and flexible development options, this asset stands out as a solid investment in one of Nicosia’s most dynamic districts

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

Agioi Omologites is a well-established and vibrant area located in the heart of Nicosia. Known for its blend of residential charm and commercial convenience, it offers a balanced lifestyle with easy access to a wide range of amenities including shops, cafes, restaurants, banks, and cultural landmarks. Its central location makes it one of the most desirable neighborhoods in the city, appealing to both locals and professionals working in or around the capital.

The area also benefits from excellent connectivity to the wider city, with major roads and public transport options nearby. Its mix of older character buildings and newer developments reflects the dynamic evolution of Nicosia’s urban landscape. As a result, Agioi Omologites continues to attract steady interest from investors, residents, and businesses alike.

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.