Premium New development

Property for sale

Nicosia, Cyprus

£924,603 *  [€1,100,000]

Property for sale

Nicosia, Cyprus

£924,603 *  [€1,100,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 536 m2

Features


  • Airport 45 minutes
  • Local School Nearby
  • Town: 5 min drive
  • Reduced
  • Amenities: 5 Mins Drive
  • International school 15 minutes
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Full Description


FOUR-STOREY MIXED-USE BUILDING WITH BASEMENT IN CENTRAL NICOSIA
SPACIOUS RETAIL UNIT WITH MEZZANINE & THREE LARGE APARTMENTS
IDEAL FOR INVESTMENT WITH STRONG RENTAL AND REDEVELOPMENT POTENTIAL

REDUCED FROM 1.260.000 TO 1.100.000 EUROS

This four-storey mixed-use building with a basement is located in a well-established and central area of Nicosia, offering excellent access to the city centre and a full range of amenities, including retail, business services, and public infrastructure. Its strategic position makes it highly attractive for both commercial and residential tenants.

The ground floor features a spacious commercial unit with a mezzanine, ideal for retail, showroom, or office use. The unit offers a generous 223 sq.m. of internal space, with an additional 147 sq.m. mezzanine—providing flexible layout options for various business operations.

Above the commercial space, the building houses three large residential apartments, each occupying an entire floor. These apartments offer ample living space with internal areas of 238 sq.m., 229 sq.m., and 163 sq.m. respectively—ideal for long-term leasing or high-end urban living.

Set on a 536 sq.m. plot, this property combines solid rental potential with the possibility for future value enhancement. Its mix of residential and commercial components, paired with a prime urban location, makes it a compelling investment opportunity in one of Nicosia’s most active and accessible 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.

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Map may not show exact location

This property listing (ref: BC75632) is an advertisement supplied by Buy Cyprus and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8405 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.