RETAIL SHOP & MIXED-USE BUILDING IN NICOSIA CITY CENTER
CORNER POSITION IN HIGH-FOOTFALL COMMERCIAL AREA
STRONG RENTAL POTENTIAL WITH RESIDENTIAL AND RETAIL SPACES

REDUCED FROM 470K TO 4OOK

This offering includes a retail shop and a mixed-use building, both occupying prime corner positions within the heart of Nicosia’s historic commercial centre. Situated in a highly walkable and vibrant area, the properties benefit from high pedestrian traffic and immediate access to key retail streets, cultural landmarks, and essential amenities—making them ideal for both commercial activity and residential leasing.

The retail shop is part of a well-established commercial complex and occupies a prominent corner unit. It comprises a 249 sq.m. total covered area, including 88 sq.m. on the ground floor, a 73 sq.m. basement, and an 88 sq.m. mezzanine. Its layout and location make it well-suited for retail, boutique services, or showroom use.

Adjacent to the shop is a mixed-use building that also enjoys a corner location and a versatile configuration. The ground floor includes a retail unit and storage area totaling 125 sq.m., with a 60 sq.m. mezzanine above. The upper levels house two residential units—100 sq.m. on the first floor and 52 sq.m. on the second—offering strong potential for rental income in an area with consistent demand for urban living.

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

Faneromeni is a key commercial and cultural hub located within the walled city of Nicosia, offering significant potential for business and real estate investment. As one of the most visited areas in the capital, it benefits from high foot traffic year-round, driven by its proximity to major retail corridors like Ledras and Onasagorou streets, as well as popular tourist landmarks and public institutions.

The area is characterised by a mix of traditional architecture and small-scale commercial units, creating a unique environment that attracts both local shoppers and international visitors. Its central location makes it ideal for retail, hospitality, food and beverage, and short-term rental developments. With ongoing urban regeneration projects and increasing demand for well-positioned assets in the city centre, Faneromeni stands out as a high-potential investment zone for those looking to capitalise on Nicosia’s historic core and commercial activity.

With its premium location, high visibility, and blend of commercial and residential spaces, this property package presents a rare opportunity for investors seeking to establish or expand their portfolio in one of the capital’s most dynamic districts.

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.