Nicosia, Cyprus
- PROPERTY TYPE
Residential Development
- SIZE
7,040 sq ft
654 sq m
Key features
- Local School Nearby
Description
THREE-STOREY MIXED-USE BUILDING IN NICOSIA DISTRICT
INCLUDES SHOPS, OFFICES, APARTMENTS & BASEMENT PARKING
IDEAL FOR INVESTMENT WITH STRONG RENTAL POTENTIAL
REDUCED FROM 490.000 TO 460.000
This versatile three-storey residential building offers an excellent opportunity for investment or mixed-use development in a quiet yet accessible area of the Nicosia district. Set on a generous 614 sq.m. plot, the property features a total covered area of 508 sq.m., with an additional 110 sq.m. mezzanine, 36 sq.m. of covered verandas, and 13 sq.m. of uncovered verandas. It enjoys close proximity to local amenities and benefits from easy access to the main highway connecting to the mountains and surrounding regions.
The ground floor includes two spacious retail units, one of which is enhanced by a mezzanine level that accommodates two separate office spaces—ideal for small businesses or professional services. In addition, a ground-floor apartment is located at the rear of the building, offering a private living space with convenient access. The first floor features a large open-plan area with a kitchen and toilet, offering flexible potential for further commercial or residential use.
On the second floor, four well-designed apartments each include an open-plan kitchen, dining and living area, a separate bathroom, and one or more bedrooms—making them suitable for rental or multi-family occupancy. The basement level provides ample parking space for residents or visitors.
Combining residential comfort with commercial functionality, this well-positioned property is a strong candidate for generating rental income while offering long-term growth potential in a developing suburban area.
Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.
Deneia is a quiet and evolving village in the Nicosia district, offering a peaceful residential environment with convenient access to major road networks, including the Nicosia–Troodos highway. The area is characterized by low-density development, combining traditional charm with new housing and infrastructure projects. Its proximity to the city makes it an attractive location for those seeking a more relaxed lifestyle without compromising on accessibility. With growing interest in suburban living and easy access to nearby amenities, Deneia presents promising potential for residential and investment opportunities.
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.
Nicosia, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Ercan(Local)21.0 miles
- Larnaka(International)32.1 miles
- Pafos(International)44.7 miles
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About A & C Buy Cyprus Ltd, Pafos
St. George Shopping Mall, Shop 6, Griva Digeni, Chloraka, Pafos, 8220, CyprusNotes
This is a property advertisement provided and maintained by A & C Buy Cyprus Ltd, Pafos (reference BC75629) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.