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Building for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Building for sale in Nicosia Walled Old City, Nicosia 265 Nicosia Walled Old City
425000 €425,000  ($459,915)
Karis Estates
Building
Nicosia Walled Old City, Nicosia

€425,000  ($459,915)

BuySell's Choice
One of BuySell Cyprus Real Estate favourite property
Karis Estates

Karis Estates

License No: 1220 / Reg. No: 508

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $16,097

Average Bank Rate (€425,000)
1 USD = 0.8928 EUR
$476,012

Mid-market rate (€425,000)
1 USD = 0.9241 EUR
$459,915

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1743579 (1311)
  • Plot: 421 sqm

Description

📍 Location: Trypiotis, Old Nicosia

- Located along one of Nicosia’s most popular pedestrian commercial zones
- Surrounded by cultural landmarks, boutique hotels, trendy cafes, retail shops & government offices
- High foot traffic day and night—a vibrant hub for both locals and tourists

🏗 Building Year: 1955

📐 Total Area: 414 sqm
Ground Floor: 170 sqm
First Floor: 125 sqm
Basement: 119 sqm

Usage: Previously operated as a fully functioning restaurant

🍽 Ground Floor: Spacious dining area, commercial kitchen & auxiliary storage
🍷 First Floor: Extended seating area, second prep kitchen with food lift (dumbwaiter)
🚻 Basement: WC areas and multiple storage/utility rooms
🌀 Internal Staircase: Connects all floors

Why Invest Here?

✅ Iconic location with high visibility & prestige
✅ Ideal for restaurant, retail, art gallery, showroom, or office use
✅ Flexible interior layout with existing service infrastructure
✅ Capital growth potential in a pedestrian-only commercial core

Buying expenses

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.

Stamp Duties
If buying as an individual
€758 ($820)
If buying on joint names
€758 ($820)
Transfer fees
If buying as an individual
€13,600 ($14,717)
If buying on joint names
€10,200 ($11,038)

Disclaimer - Property reference 1743579. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

142 properties SOLD in Nicosia Walled Old City and nearby areas! Get in touch with local agents who can sell your property fast at the best price!