985m² Building for Sale in Nicosia – Agios Andreas
About this home
An exceptional investment opportunity is available in the prestigious Agios Andreas area of Nicosia. Built in 1965, this well-maintained building offers excellent development potential. It occupies a 1,534m² rectangular plot with an impressive 50-meter street frontage and offers a total covered area of 985m².
The property consists of a 265m² ground floor, two upper-floor apartments of 265m² each, complemented by 73m² of covered verandas, and a rooftop one-bedroom apartment that includes a 24m² roof garden. Additional features include rear storage rooms and multiple parking areas, providing both convenience and functionality.
Structurally, the building is located on a quiet street near the scenic Pedieos Linear Park, offering a serene yet central setting. Title deeds are available, ensuring a smooth transaction process.
The property’s versatility makes it ideal for a wide range of uses, including private residence, office headquarters, embassy, boutique hotel, or mixed-use redevelopment. Moreover, the significant unused building density of over 500m² provides strong potential for future expansion, making this a truly valuable opportunity in one of Nicosia’s most distinguished neighborhoods.
- Reference
- 240503
- Property type
- Building
- Plot area
- 1,534 m²
- Construction year
- 1990 and older
- Furnishing
- Partially furnished
- Energy efficiency
- B
What it will really cost
Mortgage estimate
Estimate only. Legal fees, stamp duty and mortgage costs are not included.
How the price compares
average
At €1,421/m² compared with an average €1,508/m² across 126 similar listings — building in Nicosia.
Location
Nicosia - Agios Andreas, Nicosia district · 1100
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