€1,100,000
Building
Covered: 1080m²
Plot: 536m²
Nicosia, Agioi Omologites

Building in Agioi Omologites For Sale - Ref. BC75632


FOUR-STOREY MIXED-USE BUILDING WITH BASEMENT IN CENTRAL NICOSIA
SPACIOUS RETAIL UNIT WITH MEZZANINE & THREE LARGE APARTMENTS
IDEAL FOR INVESTMENT WITH STRONG RENTAL AND REDEVELOPMENT POTENTIAL

REDUCED FROM 1.260.000 TO 1.100.000 EUROS

 

This four-storey mixed-use building with a basement is located in a well-established and central area of Nicosia, offering excellent access to the city centre and a full range of amenities, including retail, business services, and public infrastructure. Its strategic position makes it highly attractive for both commercial and residential tenants.

The ground floor features a spacious commercial unit with a mezzanine, ideal for retail, showroom, or office use. The unit offers a generous 223 sq.m. of internal space, with an additional 147 sq.m. mezzanine—providing flexible layout options for various business operations.

Above the commercial space, the building houses three large residential apartments, each occupying an entire floor. These apartments offer ample living space with internal areas of 238 sq.m., 229 sq.m., and 163 sq.m. respectively—ideal for long-term leasing or high-end urban living.

Set on a 536 sq.m. plot, this property combines solid rental potential with the possibility for future value enhancement. Its mix of residential and commercial components, paired with a prime urban location, makes it a compelling investment opportunity in one of Nicosia’s most active and accessible 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.

Airport 45 minutes
Amenities: 5 Mins Drive
International school 15 minutes
Local School Nearby
Reduced
Town: 5 min drive

HAVE ANY QUESTIONS OR WANT TO ARRANGE A VIEWING?

PROPERTY INQUIRY

TRANSFER FEES

€40,600
IF BUYING AS AN INDIVIDUAL
€37,200
IF BUYING ON JOINT NAMES
Please note that the above calculations are an indication of your tax liability when buying a property in Cyprus for €1,100,000. The Cyprus Land Registry calculations may based on thier own property valuation price not reported sale price and therefore fees might differ to what is shown above.
THIS WEBSITE IS USING COOKIES
We use cookies to ensure that we give you the best experience on our website. If you continue using the site we assume that you are happy to receive all cookies on this site. Please make sure to read our cookies policy.