£480,762
(€113/sq. ft)
€555,000
Property for saleNicosia, Palouriotissa
4,898 sq. ft
Unfurnished
About this property
Near amenities
Roof garden
City view
Bright
Balcony
Easy access to main roads
Aircondition, Split system
Heating, Split system
Total Internal Area: 455 m2
Number of Apartments: 3
VAT: Not Applicable
Price: €555.000
Title Deed: Yes
Energy Class: E
Property Overview
For sale is a spacious three-storey residential building with a basement, offering a rare investment opportunity in a well-established residential area of Nicosia. The property comprises three unfurnished apartments, providing flexibility for personal use, rental income, or redevelopment.
Basement Apartment (130 m2): Two bedrooms, one en-suite, office space, open-plan living/dining/kitchen, and one bathroom.
Ground Floor Apartment (105 m2): Two bedrooms, open-plan living/dining/kitchen, and one bathroom.
First & Second Floor Apartment (220 m2): Three bedrooms, one en-suite, open-plan living/dining/kitchen with guest toilet, plus access to a roof garden.
Area & Lifestyle
The building is located in a quiet, residential district with easy access to the city centre and everyday amenities. The area is known for its vibrant community, charming streets, and blend of traditional and modern urban living, making it an attractive choice for both investors and families.
Zone Characteristics
The property falls within planning zone Kα3, with:
Building Density: 140%
Coverage Ratio: 50%
Maximum Floors: 4
Maximum Height: 17 m
This zoning allows for residential development or investment, maintaining the area’s character while offering modern living spaces.
Investment Opportunity
This building is ideal for investors or developers seeking a versatile property in a well-established urban area, offering potential for rental income, redevelopment, or personalized residential use. Its solid construction, flexible layouts, and ample space make it a high-value opportunity.
For more information or to arrange a viewing, contact Lextrus Real Estate.
Number of Apartments: 3
VAT: Not Applicable
Price: €555.000
Title Deed: Yes
Energy Class: E
Property Overview
For sale is a spacious three-storey residential building with a basement, offering a rare investment opportunity in a well-established residential area of Nicosia. The property comprises three unfurnished apartments, providing flexibility for personal use, rental income, or redevelopment.
Basement Apartment (130 m2): Two bedrooms, one en-suite, office space, open-plan living/dining/kitchen, and one bathroom.
Ground Floor Apartment (105 m2): Two bedrooms, open-plan living/dining/kitchen, and one bathroom.
First & Second Floor Apartment (220 m2): Three bedrooms, one en-suite, open-plan living/dining/kitchen with guest toilet, plus access to a roof garden.
Area & Lifestyle
The building is located in a quiet, residential district with easy access to the city centre and everyday amenities. The area is known for its vibrant community, charming streets, and blend of traditional and modern urban living, making it an attractive choice for both investors and families.
Zone Characteristics
The property falls within planning zone Kα3, with:
Building Density: 140%
Coverage Ratio: 50%
Maximum Floors: 4
Maximum Height: 17 m
This zoning allows for residential development or investment, maintaining the area’s character while offering modern living spaces.
Investment Opportunity
This building is ideal for investors or developers seeking a versatile property in a well-established urban area, offering potential for rental income, redevelopment, or personalized residential use. Its solid construction, flexible layouts, and ample space make it a high-value opportunity.
For more information or to arrange a viewing, contact Lextrus Real Estate.