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Overview
Nestled in the heart of Agios Andreas, Nicosia, this unique 4-levels building offers a blend of heritage and modern potential, making it an ideal investment for developers or residential use. Located close to the city center, it boasts easy access to major areas of Nicosia.
Location Highlights
📍 Proximity: At the historical Agios Andreas and close to the vibrant city center of Nicosia.
🚶♂ Walking Distance: Near high-end residential buildings and preserved architectural site. In close proximity of:
Agios Andreas Primary School
Municipal pool
Supermarkets and restaurants
Grammiko Park
🚗 Parking: Includes an adjacent empty plot used for convenient parking.
- that could be used as site for an additional 2 storey building
Property Details
🏠 Structure:
🌇 Ground floor: It hosts the apartment's entrance and a 265m2 open-plan storage/workshop area with high ceilings, part of which has been temporarily converted into auxiliary/office spaces.
🌇 Level 1 2: Two identical whole-floor apartments each at 265m2 covered areas plus 73m2 of covered balconies.
* Level 2 has been fully renovated (including linoleum flooring, aluminum, double glazed windows, a new kitchen and bathrooms, and central heating with diesel), and Level 1 has a renovated kitchen and bathrooms.
* Also, with Italian inbuilt wardrobes in all bedooms and in the corridor.
🌇 Roof Garden: 1 Bedroom a kitchenette in 44 m2 of total space with an additional 25m2 pergola, offering panoramic city views (Garden with pergola and ample space for mechanical installations).
📐 Total Size at 985m2 of covered area.
Total Plot area: 1534m2
Key Features
🛋 Living Spaces: Each floor designed with spacious living and dining areas, separate kitchen room, 3bedrooms (master with en-suite), 1 guest W.C, 1 shared bathroom, office/study room, and balconies.
Building Quality and Amenities
🔨 Construction: Good-quality structure and maintenance standards
🌐 Utilities: Equipped with essential utilities for residential and commercial use.
Investment Potential
🏢 Versatility: Suitable for conversion into apartments, offices, or medical clinic, enhancing investment flexibility.
💼 Developer's Choice: Ideal for development within a sought-after residential area known for its unique architecture.
📈 Dual-Use Advantage: Perfect for investors seeking to utilize the space for both residential and commercial profits.
💰 Asking Price: €1, 500 000
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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