Basics
| REF. Number K835AL | Date added Added 3 months ago | Rent/Buy Buy | Category Buy |
| Type Residential Buildings | VAT Included No | Title deed Yes | Area, m² 1194 m² |
| Year built 1986 | Furnished No |
Description
-
Description:
🏢 3-Storey Mixed-Use Building – Panagia Quarter, Nicosia
💼 Investment Opportunity with commercial & residential income streams in a central urban location.
🏗️ Property Configuration
Ground Floor + Mezzanine:
• 11 retail units (incl. 2 unified)
• 5 units currently rented (income in place)Residential Conversion:
• Former duplex converted into 4 independent units
→ 2 ground-floor apartments
→ 2 mezzanine apartmentsUpper Floor:
• 4 spacious apartments
• Vacant & ready for renovation/letting
📍 Location & Access
• Panagia Quarter – Nicosia Municipality
• ~100m east of Pallouriotissa High School
• ~820m NW of John Kennedy Avenue
✔ Close to major commercial routes & public transport
📈 Investment Potential
✔ Mixed commercial + residential income
✔ Vacant units = upside for rental upgrades
✔ Suitable for 2026 rental market demand
✔ Flexible model for multi-stream income (retail + apartments)
✔ Also suitable for value-add or redevelopment strategyReference Number: K835AL
Location
- City: Nicosia
Additional Information
- City: Nicosia
- Neighborhoods: Nicosia - Panagia
- Condition: Resale
- Energy Efficiency: N/A
English 
German