Residential Building for Sale – Nicosia


Total Internal Area: 433 m²
Number of Apartments: 3
Price: €670.000
VAT: Not Applicable
Title Deed: No
Energy Classes: Ground & First Floor – E | Second Floor – F


Property Overview

For sale is a three-storey residential building offering a total internal area of 433 m² on a generous plot, providing potential for various uses or future development. The property comes unfurnished, giving owners flexibility to design and furnish the apartments according to their needs.

Ground Floor (c.1969, 3 bedrooms, 1 bathroom, 1 guest toilet): Living/dining area with fireplace, kitchen.

First Floor (c.1983, 3 bedrooms, 1 bathroom, 1 guest toilet): Open-plan living/dining area with fireplace, kitchen.

Second Floor (c.1990, 2 rooms, 1 bathroom): Open office area, kitchen, large uncovered balcony with barbeque area.


Location

The building is situated in a well-established residential neighborhood, offering a peaceful environment while remaining conveniently accessible to city amenities, schools, shops, and public transport. The area is ideal for families or professionals seeking a balance between quiet living and urban convenience.

Residents can enjoy pleasant city views, spacious interiors, and a large plot, making this property both a comfortable home and a promising investment opportunity.


Investment Opportunities

The property falls within planning zone Εβ3, with the following parameters: Building Density: 160%, Coverage Ratio: 50%,
Maximum Floors: 6, Maximum Height: 24 m. This zoning allows for residential development or potential expansion, offering versatility for investors or future owners.

This building presents an excellent opportunity for investors or developers, offering multiple apartments with flexible layouts and future development potential in a well-established urban neighborhood. Its solid construction, spacious interiors, and accessible location add long-term value.



For more information or to arrange a viewing, contact Lextrus Real Estate.