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COMMERCIAL

Nicosia, Cyprus

€700,000
A & C Buy Cyprus Ltd, Pafos
PROPERTY TYPE

Residential Development

SIZE

9,440 sq ft

877 sq m

Key features

  • Local School Nearby

Description





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


TITLE DEED






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.


Nicosia, Cyprus

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Ercan(Local)
    21.0 miles
  • Larnaka(International)
    32.1 miles
  • Pafos(International)
    44.7 miles
Advice on buying Cypriot property

Advice on buying Cypriot property

Learn everything you need to know to successfully find and buy a property in Cyprus.

About A & C Buy Cyprus Ltd, Pafos

St. George Shopping Mall, Shop 6, Griva Digeni, Chloraka, Pafos, 8220, Cyprus

A&C Buycyprus LTD stands as a distinguished and leading licensed Registered Estate Agent, boasting the esteemed registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With an illustrious track record spanning for nearly three decades in both Cyprus and the UK, Buy Cyprus is committed to providing you with the unparalleled expertise you rightfully deserve.

Our dedication to customer satisfaction remains unwavering, evident in how both buyers and sellers benefit from our profound knowledge of the Cyprus Real Estate Market. Count on receiving impartial, unbiased advice, complemented by honest and accurate property information you can confidently rely on.

Presenting an extensive and distinguished portfolio of quality properties in Cyprus, Buycyprus caters to diverse tastes and budgets, offering both new and resale properties. Furthermore, we take pride in presenting exceptional opportunities for bargain-hunters, delivering unmatched value-for-money options.

To embark on a transformative journey, unlocking the true potential of your home, we extend a warm invitation to contact Buy Cyprus today. Our dedicated team is poised to serve you with utmost excellence, ensuring a seamless and successful real estate experience.

OUR VISION

At Buycyprus, our vision is to elevate the Real Estate industry to unprecedented heights, setting a new benchmark for excellence and innovation. Our relentless pursuit of the highest possible standards, coupled with unwavering commitment to customer satisfaction, drives us to become the foremost and preferred real estate agency in Cyprus. By delivering unparalleled service, fostering meaningful relationships, and leveraging cutting-edge technologies, we aim to create a seamless and gratifying experience for our clients. Through our dedication to integrity, transparency, and continuous improvement, we aspire to become the trusted partner for all real estate needs, shaping a brighter and more prosperous future for our clients, stakeholders, and the community.

OUR MISSION

At Buycyprus, our mission is to provide personalized and expert assistance to our valued clients in their journey of buying, selling, or renting properties. We are dedicated to delivering the highest level of service and professionalism, tailored to meet individual requirements and preferences. Our commitment extends to ensuring cost-effectiveness without compromising on the quality of service. To achieve this, we take pride in our team of fully trained, experienced, educated, and ethical personnel who consistently go above and beyond to exceed expectations. Through transparent and honest practices, we aim to build lasting relationships with our clients, fostering trust and confidence in every real estate transaction.

Notes

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This is a property advertisement provided and maintained by A & C Buy Cyprus Ltd, Pafos (reference BC75624) 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.

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