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Mixed Use Project
Geri, Nicosia

€745,000  ($864,995)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $30,275

Average Bank Rate (€745,000)
1 USD = 0.8322 EUR
$895,269

Mid-market rate (€745,000)
1 USD = 0.8613 EUR
$864,995

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8741420 (41787)
  • Plot: 553 sqm

Description

For Sale – Mixed-Use Investment Building in Geri, Nicosia

An excellent investment opportunity in the growing area of Geri, Nicosia. This mixed-use building combines stable commercial rental income with a spacious residential apartment, making it an attractive option for investors seeking both immediate returns and long-term value.

Situated on a 553 sqm plot, the property consists of four ground-floor commercial units and a large three-bedroom apartment occupying the entire first floor.

Property Overview:

Ground Floor – Commercial Units
• 4 individual shops of approximately 50 sqm each
• Fully occupied with established tenants
• Current uses include:
o Café (2 shops)
o Hair salon
o Pharmacy
• Provides immediate rental income from multiple tenants

First Floor – Residential Apartment
• Entire floor apartment
• 150 sqm covered internal area
• 20 sqm covered veranda
• 3 spacious bedrooms
• 2 bathrooms
• Bright and comfortable living spaces

Key Highlights:
• Plot size: 553 sqm
• Mixed-use investment property
• Multiple income streams from commercial tenants
• Large residential apartment with excellent rental or owner-occupier potential
• Located in a well-established area of Geri with easy access to Nicosia and surrounding communities
• Strong long-term investment prospects

Whether you are looking to expand your investment portfolio or acquire a property that combines residential and commercial income, this building presents a rare opportunity in a sought-after location.

Contact Cyprus Properties today to arrange a viewing!

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€26,400 ($30,652)
If buying on joint names
€23,000 ($26,705)

Disclaimer - Property reference 8741420. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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