Properties for sale in Nicosia, Cyprus

UNIQUE INVESTMENT OPPORTUNITY for Students or AirBnB!!! (Price negotiable) This old building is just next (only 20 meters walk) to the famous Ledras Avenue in the old City of Nicosia, surrounded by small hotels, coffee shops, restaurants, and shops.Cyprus - Eu Sponsorship: The total fund that will be allocated for sponsorships, during the period of implementation of the Plan, amounts to €15m. The minimum investment (eligible expenditure), both for the conversion of a building into a student residence/student rooms and for the construction of a new building for use as a student residence/student rooms, is set at €140,000. The maximum amount of sponsorship per beneficiary is €2,000,000. The amount of the sponsorship (sponsorship intensity) will be as follows: 75% on the eligible costs of each Proposal for the conversion of an existing building into a student residence/student rooms, 50% on the eligible costs of each Proposal for the construction of a new building intended for student accommodation/ student rooms There are all the conditions to participate in the funding scheme for Student Residences - Student Rooms, a central tool of NextGenerationEU, the European Union's Recovery and Resilience Plan. Find out more regarding the Government Sponsorship here https://www.philenews.com/oikonomia/kypros/article/1459327/os-2-ekat-choriga-ga-foititiki-estia-stin-palia-lefkosia  *Please note that the photos in this listing are conceptual drawings of how the property will look after refurbishment.                      [All architecture plans, Renovation cost plans, and designers prospectus are available for the new owner]  The building consists of three floors of approximately a total 400 sq.m. with five title deeds as follows: Ground floor A. Two shops facing the street (two commercial title deeds) B. One apartment facing the backyard (one residential title deed) First floor Three studios with small balconies and a single one-bedroom apartment (one residential title deed for the entire floor) Second floor Three studios with small balconies and a single one-bedroom apartment (one residential title deed for the entire floor)Investing prospects The building is ideal for both long-term and short-term als -Airbnb All residential units are cur ly ed to foreign workers. Considering that the building is fully renovated, the income from Rentals can reach approximately €60,000 - €70,000 / year.

Two adjacent properties for situated in the old Nicosia city, only a 5-minute walk from Eleftherias Square suitable for a project of  student accommodation, a boutique hotel or office building. Property(a): An empty plot of 445sqm cur ly used as a parking space with building density of 160%, coverage 70% and 3-floor allowance at the building Zone ΕΖ-εν. Commercial and residential use is allowed. Property (b): Plot of +/- 395sqm with a building in need of renovation. Part of the building used to be a clinic of 279sqm covered area plus 22sqm covered veranda. On the ground floor there is a shop of 295sqm and a 118sqm basement. The government’s plans for the area include the transfer of the School of Architecture of the University of Cyprus to the Faneromeni area, the operation of student halls, the maintenance of abandoned buildings, and the landscaping of others that need upgrading. Some €15 million is earmarked as sponsorship for the construction of student dormitories with a minimum of 560 rooms. An Entrepreneurship Support Sponsorship Scheme is to provide government money to financially support businesses that are privately owned or ed in the area. The plan, which will run through 2026, amounts to €10 million. The amount of the grants will exceed 50% of the eligible cost. Up to €80,000 will be given to businesses who would consider moving their base or branching out to the old town. Incentives will also be given to couples considering buying a home there. Some €5 million have been earmarked for this scheme and will be available during the three years 2023-2025. The city within the walls will be strengthened through other projects of the EU Recovery and Sustainability Plan, such as upgrading traditional catering facilities and schemes for the energy-efficient buildings, for which approximately €100 million will be allocated. More than €20 million relates to energy upgrading of homes and tackling energy poverty

!!...Έτοιμο για μετακόμιση…!! Αυτό το σύγχρονο και ευρύχωρο διαμέρισμα ενός υπνοδωματίου προς πώληση βρίσκεται στο Καϊμακλί. Eίναι σε κοντινή απόσταση με τα πόδια από καταστήματα, καφετέριες, παντοπωλεία, φαρμακεία και άλλες ανέσεις. Βρίσκεται μόλις 5 λεπτά από το Πανεπιστήμιο Frederick και προσφέρει εύκολη πρόσβαση στο κέντρο της πόλης και στον αυτοκινητόδρομο.  Αυτό το διαμέρισμα είναι περίπου 56 τ.μ και βρίσκεται στον δεύτερο όροφο σε τριώροφο κτήριο έξι διαμερισμάτων. Στον εξωτερικό του χώρο υπάρχουν 2 μικρές βεράντες εκ των οποίων η μια είναι κλειστή. Διαθέτει και θυροτηλέφωνο με κωδικό και καλυμμένο χώρος στάθμευσης. Το διαμέρισμα εσωτερικά αποτελείται από ένα ευρύχωρο καθιστικό, μια κουζίνα πλήρως εξοπλισμένη με όλες τις ηλεκτρικές συσκευές να περιλαμβάνονται, ένα καλού μεγέθους υπνοδωμάτιο με μεγάλη ντουλάπα και ένα πλήρες μπάνιο με πολλούς αποθηκευτικούς χώρους. Υπάρχουν κλιματιστικά σε όλους τους χώρους, ηλεκτρική κεντρική θέρμανση, καλωδίωση δορυφορικών και τοπικών τηλεοπτικών καναλιών, καλωδίωση για ίντερνετ, ρολό-κουρτίνες σκίασης και παντζούρια αλουμινίου.   Σημαντικό στοιχείο του διαμερίσματος είναι ότι ο αγοραστής του μπορεί να επωφεληθεί από κρατική επιδότηση ( λόγω ακριτικής περιοχής ), δεδομένου ότι πληρεί τους σχετικούς όρους. Επίσης είναι σε άριστη κατάσταση και είναι του 2006. Όλα τα έπιπλα και ο εξοπλισμός περιλαμβάνονται στην τιμή πώλησης.    !! ... Ready to move… !! Located in Kaimakli, this modern and spacious one-bedroom apartment for is within walking distance of shops, cafes, grocery stores, pharmacies and other amenities, just 5 minutes from Frederick University and offers easy access to the city center and on the highway. This apartment is about 56 sq.m., located on the second floor in a three-storey building of six apartments. There are 2 small terraces, one of which is closed, an intercom with code and a covered parking. It consists of a spacious living room, a fully equipped kitchen with all appliances included, a well-sized bedroom with a large closet and a full bathroom with plenty of storage space. air conditioners in all areas, electric central heating, cabling of satellite and local TV channels, cabling for internet, shading roller blinds and aluminium shutters. An important element for this apartment is that its buyer can benefit from a government subsidy as long as it meets the relevant conditions. Also, it is from 2006, and it is in excellent condition. All furniture and equipment are included in the price.

Excellent location residential plot of 543sqm with flat elevation in one of the most beautiful house residential areas of Nicosia, in Agios Andreas   Location   • Residential plot in a lοvely and central location in Agios Andreas in Nicosia Municipality.   • The property is ideally located in a desirable neighbourhood with convenient access to a plethora of amenities and services such as supermarkets, shops, schools, with excellent accessibility to the Nicosia city centre.   Plot Characteristics • Nice flat plot.   • The plot is of 543sqm, has a regular shape, with a total frontage of 22 meters (approx.).   • Building density 80%.   • Coverage ratio 45%.   • Can built up to 2 floors.     Advantages - Special Features   • Perfect location.   • The plot falls within the Residential Zone Ka7, which allows the construction of a two-storey residential building.   • It is ideal for development and a very attractive investment opportunity.   The plot offers excellent value for money. It is priced competitively compared to similar plots in the area.

Excellent location residential plot of 533sqm with flat elevation in one of the most beautiful house residential areas of Nicosia, in Agios Andreas   Location   • Residential plot in a lοvely and central location in Agios Andreas in Nicosia Municipality.   • The property is ideally located in a desirable neighbourhood with convenient access to a plethora of amenities and services such as supermarkets, shops, schools, with excellent accessibility to the Nicosia city centre.   Plot Characteristics   • Nice flat plot.   • The plot is of 533sqm, has a regular shape, with a total frontage of 22 meters (approx.).   • Building density 80%.   • Coverage ratio 45%.   • Can built up to 2 floors.     Advantages - Special Features   • Perfect location.   • The plot falls within the Residential Zone Ka7, which allows the construction of a two-storey residential building.   • It is ideal for development and a very attractive investment opportunity.   The plot offers excellent value for money. It is priced competitively compared to similar plots in the area.

Excellent location residential corner plot of 543sqm with flat elevation in one of the most beautiful house residential areas of Nicosia, in Agios Andreas   Location   • Residential plot in a lοvely and central location in Agios Andreas in Nicosia Municipality.   • The property is ideally located in a desirable neighbourhood with convenient access to a plethora of amenities and services such as supermarkets, shops, schools, with excellent accessibility to the Nicosia city centre.   Plot Characteristics   • Corner plot   • The plot is of 543sqm, has a regular shape, with a total frontage of 22 meters (approx.).   • Building density 80%   • Coverage ratio 45%   • Can built up to 2 floors.     Advantages -Special Features   • Perfect location.   • The plot falls within the Residential Zone Ka7, which allows the construction of a two-storey  residential building.   • It is ideal for development and a very attractive investment opportunity.   The plot offers excellent value for money. It is priced competitively compared to similar plots in the area.

Μεγάλη ευκαιρία για Επένδυση!!   Πωλείται  Στούντιο διαμέρισμα στην Παλλουρώτισσα , δίπλα ακριβώς από το  Πανεπιστήμιο Frederick  κατάλληλο για επένδυση αλλά και ιδιοκατοίκηση. Το διαμέρισμα διαθέτει 34τ.μ. εσωτερικούς χώρους συν 6τ.μ. βεράντα και είναι σε πολύ καλή κατάσταση.  Πωλείται επιπλωμένο, με ‘ολες τις ηλεκτρικές συσκευές να περιλαμβάνονται  και  αποτελείται από έναν ενιαίο χώρο, Wc με ντους  και μια μικρή βεράντα. Επίσης το διαμέρισμα διαθέτει παράθυρα με διπλά τζάμια, ηλιακό σύστημα , κλιματιστικό και μια καλυμμένη θέση στάθμευσης.  Ευκαιρία για καλή επένδυση με απόδοση πάνω από 5%! Opportunity for Investment !! Furnished Studio apartment for in Pallouriotissa, next to Frederick University, suitable for investment and home ownership. The apartment has 34 sq.m. interiors plus 6sq.m. terrace and is in very good condition. It is for furnished, with all the electrical appliances included and consists of an open space, Wc with shower and a small terrace. The apartment also has double glazed windows, solar system, air conditioning and a covered parking space. Opportunity for good investment with a return of over 5%!

Location - This is a magnificent mixed use building, suitable for a variety of purposes, available in the most scenic and also more popular street of the old town. - All amenities are just nearby, making life easy for any occupant. External Characteristics - Externally the building is impressive, very well presented and in an excellent condition. Internal Characteristics - The building is in an open plan state and can be easily transformed to satisfy the needs of the buyer. - The ground floor level adds up to 204sqm. There is a very visible frontage with floor-to-ceiling windows, ideal for premium shops, and a separate entrance leading to the (installed) elevator area, where you can access the rest of the ground floor area where one can create an apartment that will feature access to the amazing back yard. - Alternatively, the whole ground-floor level could become an amazing restaurant with a back yard. - The 1st floor adds up to 200sqm and could be transformed to an amazing whole floor apartment or to multiple smaller residential units. - Given the Governmental Subsidy Scheme for the Walled City, the possibilities here are endless. - The 2nd floor features nice roof terrace and 72sqm of additional covered areas with multiple potential uses. - The building falls into ΠΕΖ-εν commercial zone, with 180% building density, 70% coverage and 3 floor allowance. - Considering the size of the land is 325sqm, there are more that 100sqm of unused building density that the new owner can take advantage of. This is a great opportunity, for a spectacular property in an amazing location. Advantages - Features - Amazing Back yard. - Top location. - Installed elevator. - more than 100sqm of unused building density. - suitable for a variety of uses and purposes. More than 400,000€, were recently invested into this property, upgrading foundations, electrical infrastructure, mechanical infrastructure, elevator installation and other maintenance and decorating works.

Location - This large plot is in Kaimakli, close to the borders. Therefore there are some governmental benefits because is near of the buffer zone. Plot Characteristics - Big plot of 525sqm. - The plot is located next to the borders. - It falls within residential zone Ka4. - Building density of 100% & 90%. - Coverage of 50%. - Allowance for 3,2 floors. Advantages - Special Features. - Big plot of 525sqm. - Ideal for apartments building development. - Priced to sell fast.

Do you like traditional listed building? Are you looking for a property with character?  This is your rear opportunity to buy a listed building in need of renovation in Nicosia old city within 3 min walking distance from Eleftherias Square and just a stroll away from shopping and amenities. There are 2 shops and a house with 6 rooms, balcony, w/c, separate kitchen.         Covered area +/- 195sq.m. There is a beautiful garden.   Plot size 281sq.m. The house was originally built in 1935.

For Sale Mixed Use Building in Nicosia 6 Floors Mixed Use Building in Nicosia for Sale*Pictures are available to be sent to any interested buyers. Location • On one of the most commercial streets of the capital • The wider area of the property is mainly developed with mixed use buildings consisting of shops, flats and offices. • Building Zone ΠΕΖ Core Commercial Zone 180% and Intermediate Commercial Zone External Features • Excellent building condition since the building was ed and now the owner is continuing to maintain it properly • Access to the building from two diffe streets, almost 360 views of Nicosia Internal Characteristics • 2,105sm internal area plus the 140sm basement. Basement, Ground floor plus 5 floors. Architect Plans provided in the online pictures • Modern Elevator, good quality flooring, false ceiling, AC’s, fire safety, fire exits, structured cabling Advantages Special Features • Attached to a parking with 155 parking spaces • Valuated at €4,475,000 in 2022 and the s price is €3,800,000 • Project eligible for €2,000,000 Grand for Student Accommodation Scheme. Existing plans for 43 rooms • The government grant is given to convert existing buildings to Student Accommodation – After 5 years of operation, conversion to any other use is possible  • Architect’s estimation to convert to Student Accommodation is at €2,700,000 (+vat) so the project can receive €2,000,000 grant. • Owner already applied for license and is waiting for approval • NO transfer fees since it is the only property owned by a company • Suitable for Student Accommodation, Hotel, Offices, or Conversion to self-contained flats and Rental Income

FEW STEPS AWAY FROM ELEFTHERIAS SQUARE AND IMMEDIATE ACCESS TO  LAIKI GEITONIA TOURIST AREA of the old city!!!! This is one rare building available for within the city walls but specially located at the best spot of the old city

Excellent location residential plot of 518sqm with flat elevation in one of the most beautiful house residential areas of Nicosia, in Agios Andreas   Location   • Residential plot in a lοvely and central location in Agios Andreas in Nicosia Municipality.   • The property is ideally located in a desirable neighbourhood with convenient access to a plethora of amenities and services such as supermarkets, shops, schools, with excellent accessibility to the Nicosia city centre.   Plot Characteristics   • Nice flat plot.   • The plot is of 518sqm, has a regular shape, with a total frontage of 20 meters (approx.).   • Building density 80%.   • Coverage ratio 45%.   • Can built up to 2 floors.     Advantages - Special Features   • Perfect location.   • The plot falls within the Residential Zone Ka7, which allows the construction of a two-storey residential building.   • It is ideal for development and a very attractive investment opportunity.   The plot offers excellent value for money. It is priced competitively compared to similar plots in the area.

Πωλείται οικιστικό χωράφι 2183τ.μ. στους Καπέδες, στη Λευκωσία Tοποθεσία • Οικιστικό χωράφι 2183 τ.μ. σε νεόδμητη κατοικημένη περιοχή στους Καπέδες.   Xαρακτηριστικά Oικοπέδου • Βρίσκεται εντός H5 οικιστικής ζώνης. • Συντελεστής δόμησης 30%. • Συντελεστή κάλυψης 20%. • Πρόβλεψη 2 ορόφων ύψους 8,3 μέτρων. • Είναι περίκλειστο.   Πλεονεκτήματα – Ιδιαίτερα Xαρακτηριστικά • Πρόσβαση σε νερό και ηλεκτρισμό. • Διαθέτει διάτρηση.     Residential land of total 2183 sq.m. in Kapedes, Nicosia, for Sale Location • This residential land of 2183 sq.m. is in a newly built residential area in Kapedes.   Plot Characteristics • It falls within residential zone H5. • Building density of 30%. • Coverage of 20%. • Provision of 2 floors, with 8,3m height. • Enclosed land.   Advantages – Special Features • Accessible to water and electricity. • Land with water well.

Location - Nestled in the prestigious Acropolis area of Strovolos, this fully renovated 2-bedroom apartment offers the perfect blend of comfort and convenience. External Features - Recently renovated to the highest standards, this apartment boasts a contemporary aesthetic with clean lines and sleek finishes throughout. Internal Characteristics - Step into the bright and airy living space, flooded with natural light from large windows. The open-plan layout creates a seamless flow between the living, dining, and kitchen areas, perfect for both relaxation and entertaining guests. - The heart of the home features a brand new kitchen equipped with state-of-the-art appliances. - Two Bedrooms: Retreat to one of the two well-appointed bedrooms, each offering a tranquil oasis to unwind after a long day. With ample space and modern design elements, these bedrooms provide a comfortable haven for restful sleep. - Luxurious Bathroom: The apartment is complete with a luxurious bathroom featuring contemporary fixtures and fittings. Indulge in a spa-like experience every day in this stylish and functional space. Advantages - Special Features - Convenient Location: Situated in the sought-after Acropolis neighborhood, residents enjoy easy access to a wide range of amenities including shops, restaurants, schools, and parks. With excellent transport links nearby, navigating the city is effortless. - Secure Building: Peace of mind is ensured with secure entry to the building, providing residents with a safe and welcoming environment to call home. Don't miss the opportunity to make this beautifully renovated apartment your own. Schedule a viewing today and experience luxury living in the heart of Strovolos' Acropolis area. Τοποθεσία - Βρίσκεται στην Ακρόπολη στον Στρόβολο, αυτό το πλήρως ανακαινισμένο διαμέρισμα 2 υπνοδωματίων Εξωτερικά Χαρακτηριστικά - Πρόσφατα ανακαινισμένο με τα υψηλότερα πρότυπα, αυτό το διαμέρισμα διαθέτει μια σύγχρονη αισθητική με καθαρές γραμμές και κομψά φινιρίσματα σε όλο τον χώρο. Εσωτερικά Χαρακτηριστικά - Ευρύχωρο Καθιστικό: Βήματα μακριά από το φωτεινό και ευάερο καθιστικό χώρο, που πλημμυρίζει με φυσικό φως από μεγάλα παράθυρα. - Διαθέτει μια ολοκαίνουργια κουζίνα εξοπλισμένη με τα πιο σύγχρονα ηλεκτρικά είδη. - Δύο Υπνοδωμάτια. - Πολυτελές Μπάνιο: Το διαμέρισμα είναι πλήρες με ένα πολυτελές μπάνιο με σύγχρονες βρύσες και εξοπλισμό.

Location: This building in need of a renovation is in Phaneromeni, Nicosia - a prime real estate opportunity in the heart of the city. This property spans 296 square meters and boasts a versatile layout that caters to various business needs. Internal Characteristics: Ground Floor Highlights: - Prime Location: This property originally featured five shops (1-5), with two additional shops/store rooms (6 & 7) accessible from Phaneromeni Street. - Shops 4 & 5 were combined into a spacious floor area of 89 m2, with an added mezzanine of 20 m2. - Shops 1 & 2 were also merged, creating a larger commercial space with an adjoining storage area, totaling 95 m2. - Current Layout: The reconfigured ground floor now includes a storage area adjacent to the main entrance of the building. Additional Features: - Office Space: The property offers a total office area of 160 m2, perfect for businesses seeking a central and accessible location. - Covered Verandas: Enjoy an additional 26 m2 of covered verandas, providing a pleasant outdoor space for employees or customers. Unfinished Second Floor: - The second floor of the building remains unfinished, offering a blank canvas for further development. - Total Covered Area: The second floor spans 180 m2, providing ample space for future expansion or customization according to your needs. Advantages - Special Features: - Subsidies Available: Potential subsidies are available under certain conditions, offering financial incentives to qualified buyers. This property in the heart of Nicosia, represents a unique investment opportunity with its strategic location, flexible layout, and potential for further development. Whether you're looking to establish a retail presence, expand office space, or customize the unfinished second floor, this property offers endless possibilities. Prime Investment Opportunity: Perfect for Student Residences This building is an excellent investment for student housing, located very close to the prestigious Architectural Institute. Highlights: - Prime Location: Just steps from the Architectural Institute, ideal for students. - High Demand: Steady rental income due to continuous student demand. -The property benefits from several incentives, with various terms for its conversion into a student residence, namely: 1) 75% of the eligible expenses for each Proposal for converting an existing building, 2) 50% of the eligible expenses for each Proposal for constructing a new building, 3) Minimum investment (eligible expense): €140,000, 4) Maximum grant amount per beneficiary: €2,000,000 Invest now in a prime location with guaranteed returns. Contact us today to explore this exceptional real estate

Location: This listed house is located in the heart of Nicosia, offering easy access to essential amenities such as schools, cafes, and shops. Its central position ensures convenience for daily living, making it ideal for families or professionals who want to be close to the city’s vibrant life. External Features: The house boasts traditional architectural elements, reflecting the rich history of the area. It is a listed property, preserving its unique character and heritage. Additionally, it features a large backyard, offering plenty of outdoor space for gardening, leisure, or family gatherings. Internal Characteristics: The house spans across two levels—ground floor and first floor—providing ample space for customization. Its interior layout offers flexibility for redesigning rooms to suit modern living standards while maintaining its original charm. Advantages – Special Features: The property stands out due to its excellent location and distinctive architectural style. However, it requires renovation, presenting a great opportunity for those looking to restore and personalize a historical home. Its unique character makes it an excellent investment for long-term value.

Location: - This privileged half-plot is off Kantaras Avenue with easy access to the City Center. - Nearby conveniences include supermarkets, public schools, and Frederick University. Plot Characteristics: - Size 246 sqm. - Residential zone Ka4. - Offers a building density of 120% and coverage of 50%. - Permissible construction includes up to 3 floors with a maximum height of 13.5m. - Suited for the construction of a private residence - The title deed is readily available for a seamless transaction.

Location • Residential/Commercial plot in a prime and central location in Nicosia Municipality. • The property is ideally located in a desirable location, with convenient access to a plethora of amenities and services and an easy access to the city centre. Plot Characteristics • The plot is of 1978sqm, with a regular shape. • Building density 250%. • Coverage ratio 40%. • Zone Ea1. • Can built up to 14 floors. Advantages - Special Features • This unique plot in the heart of Nicosia’s vibrant city center presents an exceptional investment opportunity. • While there is an existing building on the property that will likely require demolition, the potential of this plot is undeniable. • Situated in a highly sought-after location, this property stands out for its strategic positioning in the city’s core, offering unparalleled opportunities for growth, development, and returns on investment. • The rarity of a plot like this in Nicosia's center underscores its value, making it an ideal choice for forward-thinking investors and developers. .

Location -Located in a cul-de-saq, just steps from the Center of Nicosia, close to the Venetian Walls, this plot is ideal for development. - It is situated in a family-friendly neighborhood. Nearby, one can find parks, schools, shops and all necessary amenities. Plot Characteristics - The plot is regular rectangular shape, with a 22m street frontage, and falls into the Ka3 Residential Zone with 140% building density, and 50% coverage (four floors allowance) Advantages - Special Features - Top location. - Large plot. - Tremendous potential.