€555,000
Residential Building in Agioi Constantinou and Elenis, Nicosia (14892)
Nicosia, Palouriotissa
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Overview
Reference 14892
Floors: 3
Year of Construction: 1989
Furnished: Unfurnished
Basement: Yes
Status: Resale
Structure: Concrete
Facade:
Frames Type: Synthetic
Energy Efficiency Rating: E
Title Deed: Yes
Covered:455m²
Plot:265m²
Total Internal Area: 455 m²
Number of Apartments: 3
VAT: Not Applicable
Price: €555.000
Title Deed: Yes
Energy Class: E


Property Overview

For sale is a spacious three-storey residential building with a basement, offering a rare investment opportunity in a well-established residential area of Nicosia. The property comprises three unfurnished apartments, providing flexibility for personal use, rental income, or redevelopment.

Basement Apartment (130 m²): Two bedrooms, one en-suite, office space, open-plan living/dining/kitchen, and one bathroom.

Ground Floor Apartment (105 m²): Two bedrooms, open-plan living/dining/kitchen, and one bathroom.

First & Second Floor Apartment (220 m²): Three bedrooms, one en-suite, open-plan living/dining/kitchen with guest toilet, plus access to a roof garden.


Area & Lifestyle

The building is located in a quiet, residential district with easy access to the city centre and everyday amenities. The area is known for its vibrant community, charming streets, and blend of traditional and modern urban living, making it an attractive choice for both investors and families.


Zone Characteristics

The property falls within planning zone Kα3, with:

Building Density: 140%

Coverage Ratio: 50%

Maximum Floors: 4

Maximum Height: 17 m

This zoning allows for residential development or investment, maintaining the area’s character while offering modern living spaces.


Investment Opportunity

This building is ideal for investors or developers seeking a versatile property in a well-established urban area, offering potential for rental income, redevelopment, or personalized residential use. Its solid construction, flexible layouts, and ample space make it a high-value opportunity.



For more information or to arrange a viewing, contact Lextrus Real Estate.
Facilities
  • Aircondition, Split system
  • Heating, Split system
Features
  • Balcony
  • Bright
  • City view
  • Easy access to main roads
  • Near amenities
  • Roof garden
Distances
Amenities: 1.3 km
Airport: 50 km
Sea: 52 km
Public transport: 800 m
Schools: 1.5 km
Resort: 1.9 km
Currency
Agent
Stavroula Michail (+357) 99810880
Contact
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