€ 2 800 000

€ 1 666 / sqm

1681m2 Building in Nicosia, Cyprus No. 51569

1 681 sq.m.

Square

Q4 2025

Completion date

Parameters

Property Description

Multi-Use Building for Sale – Central Nicosia

Prime investment opportunity in the heart of Nicosia. This multi-use building, with access from two roads, offers excellent potential for both commercial and residential development in a vibrant area surrounded by shops, offices, apartments, and boutique hotels.

Key Features:

Total plot: 687 sqm
Ground floor: 430 sqm + 197 sqm courtyard & bar area
3 upper floors + basement (300 sqm)
5 apartments on upper levels
Spacious common areas with flexible use

The large outdoor courtyard is ideal for events, hospitality, or leisure use, adding unique value to the property.

Ideal for:
Offices, galleries, student accommodation, co-living, or mixed-use development.

? Walking distance to amenities and transport.

? Strong potential for high returns – a rare opportunity for investors.

Statistics

€ 2 763

Price per sq.m.

157

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Nicosia

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 688

Apartment (1 bedroom) Outside of Centre

€ 622

Apartment (3 bedrooms) in City Centre

€ 1 526

Apartment (3 bedrooms) Outside of Centre

€ 1 189

Buy Apartment Price

Price per square metre in the city centre

€ 2 763

Price per square metre outside the city centre

€ 2 042

Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.

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1681m2 Building in Nicosia, Cyprus No. 51569

1681m2 Building in Nicosia, Cyprus No. 51569

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