Exceptional Investment Opportunity in Agios Andreas, Nicosia
Situated in the prestigious neighborhood of Agios Andreas, this distinctive two-story building presents a rare opportunity for both investors and developers. Combining classic charm with modern flexibility, the property is ideal for residential conversion, mixed-use development, or commercial ventures.
Central Setting: Located just minutes from Nicosia’s historic and vibrant city center.
Prestigious Surroundings: Within walking distance of luxury residences and beautifully preserved architectural landmarks.
Bonus Plot: Includes an adjacent 590 sq.m. plot currently used as a convenient private parking area.
Ground Floor:
Spacious 265 sq.m. open-plan layout currently used as a storage area, partially converted into temporary office or auxiliary rooms.
First & Second Floors:
Two identical residential levels of 265 sq.m. each, plus 73 sq.m. of covered balconies. Each floor is designed for comfortable family living or high-end rentals.
Roof Garden:
A 44 sq.m. rooftop area, including a 25 sq.m. pergola, offering stunning panoramic views of the city. Also suitable for mechanical installations or rooftop amenities.
Total Covered Area: 1,010 sq.m.
Spacious Interiors:
Each residential floor includes a bright living and dining area, separate kitchen, 3 bedrooms (including a master with en-suite), 1 guest WC, 1 shared bathroom, and an office/study room.
Balconies:
Wide, covered balconies perfect for relaxing or entertaining.
Ready Utilities:
Fully equipped with the essential infrastructure for both residential and commercial use.
Flexible Use:
Ideal for redevelopment into luxury apartments, medical clinics, corporate offices, or boutique residences.
Desirable Neighborhood:
Located in a highly sought-after area known for its elegance, architectural heritage, and consistent property value growth.
Dual-Use Potential:
Perfect for investors seeking a combination of commercial returns and residential occupancy.