Two apartments (part of a residential building) in Panayia Quarter of Nicosia Municipality. It is approximately 750 meters southwest of Sopaz roundabout and approximately 160 meters south of John Kennedy Avenue.
It is ideally situated on one of the busiest streets of the area. The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc.
The apartments are part of a residential building with a total of three whole-floor apartments, which was erected in two phases (the ground floor around 1993 and the two floors around 2004).
The apartments are located on the 1st floor with door no. 101 and on the 2nd floor with door no. 201 and they are identical. They consist of sitting are with dinning area as an open space, kitchen with small sitting area, four bedrooms which the one is ensuite with shower, common bathroom with shower and covered verandas.
They have an internal area of 176sqm. and 34sqm. covered veranda. (each)
It is noted that the property has a distribution agreement, but the units do not have separate title deeds.
According to the distribution agreement the share for sale (637/772) corresponds to the red colour in the drawing which consist one apartment on the 1st floor with door no. 101 and one on the 2nd floor with door no. 201.
The building is empty and is considered an ideal choice for investment.
Way of transfer: Contract of sale

 Planning zone: Κα3
Building Coefficient: 140%
Coverage Coefficient: 50%
Maximum Floors Allowed: 4
Maximum Building Height (m): 17/14,30 (Εντος ΠΕΧ)