About
Description
Location
A unique potential of this dual-property package located in the heart of Nicosia’s historic center.
Property Overview
- Historical Building (built in 1965): Two-storey stone-built structure with ground-floor shops and a first-floor space (formerly a clinic) of approx. 670 sqm, plus a 120 sqm basement.
📏 Building Plot Area: 400 sqm
🚗 Parking Lot: 445 sqm
📐 Both Plots Area Total: 845 sqm
Development Potential: With a building coefficient of 160%, 70% building density, and a height allowance of 11.5m across 3 floors, the site is primed for transformation.
🎓 Ideal for Student Accommodation: Given its strategic location, the property holds immense potential for conversion into student housing or a mixed-use residential project.
💼 Invest in the Old City's Future: Seize this chance to contribute to the revitalization of Nicosia's historical heart, blending tradition with modern living spaces.
A unique potential of this dual-property package located in the heart of Nicosia’s historic center.
Property Overview
- Historical Building (built in 1965): Two-storey stone-built structure with ground-floor shops and a first-floor space (formerly a clinic) of approx. 670 sqm, plus a 120 sqm basement.
📏 Building Plot Area: 400 sqm
🚗 Parking Lot: 445 sqm
📐 Both Plots Area Total: 845 sqm
Development Potential: With a building coefficient of 160%, 70% building density, and a height allowance of 11.5m across 3 floors, the site is primed for transformation.
🎓 Ideal for Student Accommodation: Given its strategic location, the property holds immense potential for conversion into student housing or a mixed-use residential project.
💼 Invest in the Old City's Future: Seize this chance to contribute to the revitalization of Nicosia's historical heart, blending tradition with modern living spaces.
Details
City:
Walled Old City
Building Type:
Mixed-use Building
Construction Stage:
Resale
Uncovered Parking:
20
No. of Floors in building:
2
Floor Type:
Marble
Construction Year:
1965
Areas
Plot Area:
845m²
Energy
Heating Type:
None
Main Features
City View:
Roofgarden:
Title Deeds:
Basement:
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