Mixed-use building in Old Center Nicosia

This is a prime real estate opportunity located in the heart of Old Nicosia, situated on the vibrant, pedestrianized streets of Ledras and Onasagorou, just 100 meters from the newly revitalized Eleftheria Square.

Building Details
Total Covered Area: 1,322 sqm
Land Area: 366 sqm
Ground Floor:
7 shops consolidated into 3 units.
One shop is currently rented as a souvenir shop.
Apartments:
Total Units: 21
13 studios
6 two-bedroom apartments
2 three-bedroom apartments
Roof Garden: Spacious 366 sqm rooftop area.
Basement: 224 sqm
Investment Potential
This property offers excellent development opportunities: Boutique Hotel: The lively, historic surroundings make it ideal for conversion into a chic city hotel.
Student Accommodation: Close to amenities and within the old city center, it can be transformed into modern student housing (subject to town planning permissions).
With its prime location in Nicosia’s bustling cultural and commercial hub, this property is perfect for investors looking to capitalize on the area’s growing popularity.