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This offering comprises two adjacent plots with mixed-use three-storey buildings, located in the heart of Nicosia. The properties are situated just 900m northwest of The Landmark Hotel, 550m south of Eleftheria Square, and approximately 1.7km from the Presidential Palace, offering excellent visibility and accessibility.
Three-Storey Commercial Building with Parking:
A modern mixed-use building with basement, ground floor, two upper levels, and dedicated parking area.
Ground Floor: Cosmetics retail unit (two entrances, escalator, two elevators, staircase), supermarket with aisles, refrigeration and four cash registers, plus office wing with three offices, restroom and loading/unloading bay.
Basement: supermarket storage with cold rooms and an additional retail display area (clothing) with fitting rooms.
First Floor: open-plan product display area, fitting rooms, men’s and women’s restrooms, and a server room.
Second Floor: restaurant/cafeteria (open dining, kitchen, storage, cashier, restrooms), staff facilities (locker rooms, cleaner’s store, meeting room, kitchen) and refrigeration area.
Mixed-Use Three-Storey Building:
A second building consisting of:
Ground Floor with mezzanine: open-plan retail unit.
Two upper floors: three apartments in total.
Land & Planning Details
Retail Building – 2,438 m²
• Zone ΠΕΖ (62%): Building Coefficient 250%, Coverage 70%, no floors permitted
• Zone ΕΖ-κ (38%): Building Coefficient 200%, Coverage 60%, up to 6 floors (24m)
Mix Use Building – 526 m²
• Zone ΠΕΖ: Building Coefficient 250%, Coverage 70%, no floors permitted
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.
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