Building, For Sale

This is a mix Residential/Commercial Building in the center of Nicosia.

This beautiful Building was built in the 50s and has been beautifully preserved and renovated in the interior last year. The Exterior of the Building is well preserved and maintained the architecture of the 50s.

The Building is comprised of six Apartments and six shops as follows:

GROUNDFLOOR: On the ground-floor of the Building you will find six (6) shops with common WC at the backside.

FLOOR 1: On the 1st floor of the Building you will find two (2) Apartments (Flats 101 and 102) each with 2 bedrooms and surrounding verandas.

FLOOR 2: On the 2nd floor of the Building you will find two (2) Apartments (Flats 201 and 202) each with 2 bedrooms and surrounding verandas.

FLOOR 3: On the 3rd floor of the Building you will find one (1) Apartment with 2 bedrooms and a spacious Studio (Flat 301 and 302) with huge verandas and pergola.

The buuilding is great for investment (about 10% return/yield) as currently the 6 apartments (including Studio) are fully rented to one Tenant/Company who is using them as holiday rentals and on the Groundfloor most of the shops are also rented.

All the Apartments have been fully renovated and fully furnished with new furniture and electrical appliances including air-conditions units.