3-Storey Mixed-Use Building - Panagia Quarter, Nicosia
Area
1194 sqm
Type
Residential Buildings
Category
Buy
City
Nicosia
Condition
Resale
Title Deed
Yes
VAT
No
Description
3-Storey Mixed-Use Building - Panagia Quarter, Nicosia Investment Opportunity with commercial & residential income streams in a central urban location. Property ConfigurationGround 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