This mixed-use building presents an investment opportunity in the heart of Panagia Quarter, Nicosia. Perfectly positioned for both commercial and residential demand, the property offers a versatile layout with significant income potential.andlt;brandgt; andlt;brandgt; Internal Layout: andlt;brandgt; Ground floor – Total Units: 15andlt;brandgt; • 11 commercial retail units with mezzanines (including two unified units) on Ground Floor. Currently, three units are occupied, providing immediate rental income.andlt;brandgt; • 4 Apartments: A former large two-storey apartment has been expertly divided into four independent units: two ground-floor apartments and two mezzanine-level apartments.andlt;brandgt; – Apartment 1 (Internal Area 40sq.m): Open plan living room/kitchen, one bedroom and a bathroom. andlt;brandgt; – Apartment 2 (Internal Area 42sq.m): Open plan living room/kitchen, one bedroom and a bathroom. andlt;brandgt; – Apartment 3 (Internal Area 39sq.m): Open plan living room/kitchen, one bedroom and a bathroom. andlt;brandgt; – Apartment 4 (Internal Area 35sq.m): Open plan living room/kitchen, one bedroom and a bathroom. andlt;brandgt; andlt;brandgt; First Floor – Total Units: 4andlt;brandgt; • 4 Apartments: Comprises four spacious apartments, all currently vacant and ready for immediate renovation or leasing.andlt;brandgt; – Apartment 1 (Internal Area 270sq.m): Living room with fireplace, kitchen, laundry room, a main bathroom, four bedrooms with on en-suite shower. andlt;brandgt; – Apartment 2 (Internal Area 105sq.m): Living room with fireplace, kitchen, laundry room, a main bathroom and two bedroomsandlt;brandgt; – Apartment 3 (Internal Area 125sq.m): Open plan living room/kitchen with fireplace, one bedroom and a bathroom, guest toilet and two bedroomsandlt;brandgt; – Apartment 4 (Internal Area 85sq.m): Open plan living room/kitchen with fireplace, one bedroom and a bathroom and two bedroomsandlt;brandgt; andlt;brandgt; Location andamp;amp; Connectivity:andlt;brandgt; Situated in the area of Nicosia Municipality, the building is strategically located:andlt;brandgt; 100m East of the Pallouriotissa high school.andlt;brandgt; 820m Northwest of John Kennedy Avenue, ensuring easy access to major commercial hubs and public transport.andlt;brandgt; andlt;brandgt; Investment Potential:andlt;brandgt; With a mix of active retail leases and vacant residential units, this property is ideal for investors looking to capitalize on the 2026 Nicosia rental market through a multi-stream income strategy.andlt;brandgt; andlt;brandgt; Energy Performance Certificate is pending.
