Property for sale
Nicosia, Cyprus
£1,008,658 *
[€1,200,000]
Full Description
HIGH-VISIBILITY MIXED-USE BUILDING IN NICOSIA
SHOWROOM, OFFICE, AND RESIDENTIAL UNIT ON PRIME COMMERCIAL AVENUE
IDEAL FOR INVESTMENT OR OWNER-OCCUPIER USE
REDUCED FROM 1.350.000 TO 1.200.000 EUROS
This mixed-use building is situated in a highly visible and accessible area of Nicosia, along a main commercial avenue with a generous 20-meter frontage, offering excellent exposure for businesses. Just a short drive from major retail hubs and key transport routes, the property enjoys close proximity to a wide range of amenities including shops, restaurants, universities, and schools, making it ideal for both commercial and residential use.
The building is set on a 549 sq.m. plot and is arranged across multiple levels. The ground floor features a spacious showroom of 250 sq.m., complemented by a 110 sq.m. mezzanine and a large 345 sq.m. basement—ideal for retail or display purposes with ample storage. The first floor hosts a well-sized office space of 110 sq.m., perfectly suited for professional or administrative use.
On the second floor, a bright and comfortable apartment offers 125 sq.m. of internal living space, including an open-plan kitchen, living and dining area, three bedrooms (one en-suite), and a family bathroom. The apartment also includes 30 sq.m. of covered verandas and 46 sq.m. of uncovered verandas, adding valuable outdoor space.
With its versatile layout, prominent location, and strong mixed-use potential, this property presents an excellent opportunity for investors or business owners looking to capitalise on a well-positioned asset in one of Nicosia’s most active districts.
Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.
Engomi is a suburb and municipality of the Cypriot capital Nicosia. In 2011, it had a population of 18,010. Of these, 14,254 were citizens of Cyprus.It is a mainly residential neighborhood with many large villas. It also includes a very important annex to the powerful Monastery of Our Lady Eleousa. The University of Nicosia is also located within the municipality and thus is home to a large student population.
Nicosia, the capital of Cyprus, is home to many beautiful landmarks that embody the island’s fascinating history. From ancient monuments to exquisite galleries like the Nicosia Municipal Arts Centre, here’s what shouldn’t be missed when you’re in Nicosia
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.
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