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Pay in USD and save up to $46,043Location
• Situated in the Panagia Quarter, within Nicosia Municipality, the building enjoys a strategic urban position.
• It is located approximately 850m of John Kennedy Avenue, offering excellent access to commercial areas and public transport.
External Features
• Three-storey mixed-use building with retail frontage on the ground floor and residential units on the upper levels, suitable for both commercial visibility and residential use.
Internal Characteristics
• The ground floor and mezzanine comprise 11 retail units with mezzanines (including two unified units), five of which are currently rented.
• The residential section includes eight apartments in total: four converted units (two ground-floor and two mezzanine-level) and four spacious upper-floor apartments, currently vacant.
Advantages & Special Features
• An ideal investment opportunity combining immediate rental income with strong upside potential.
• The vacant residential units allow for renovation and repositioning, making the property well-suited for a multi-stream income strategy ahead of the 2026 Nicosia rental market.
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.
Disclaimer - Property reference 8112159. 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.
