For Sale
745,000€
Development potential
Rental income
Residential
Commercial

Mixed-Use Investment Building in Geri, Nicosia

Key Features

ID: 41787
  • 350sqm
  • CategoryCommercial
  • TypeMixed use
  • AreaGeri, Nicosia
  • Price per sqm2,129€
  • Year of construction1988
  • StatusResale
  • Title deedYes
  • Energy efficiency ratingPending
  • Covered350sqm
  • Plot553sqm

Description

For Sale – Mixed-Use Investment Building in Geri, Nicosia

An excellent investment opportunity in the growing area of Geri, Nicosia. This mixed-use building combines stable commercial rental income with a spacious residential apartment, making it an attractive option for investors seeking both immediate returns and long-term value.

Situated on a 553 sqm plot, the property consists of four ground-floor commercial units and a large three-bedroom apartment occupying the entire first floor.

Property Overview:

Ground Floor – Commercial Units
•4 individual shops of approximately 50 sqm each
•Fully occupied with established tenants
•Current uses include:
oCafé (2 shops)
oHair salon
oPharmacy
•Provides immediate rental income from multiple tenants

First Floor – Residential Apartment
•Entire floor apartment
•150 sqm covered internal area
•20 sqm covered veranda
•3 spacious bedrooms
•2 bathrooms
•Bright and comfortable living spaces

Key Highlights:
•Plot size: 553 sqm
•Mixed-use investment property
•Multiple income streams from commercial tenants
•Large residential apartment with excellent rental or owner-occupier potential
•Located in a well-established area of Geri with easy access to Nicosia and surrounding communities
•Strong long-term investment prospects

Whether you are looking to expand your investment portfolio or acquire a property that combines residential and commercial income, this building presents a rare opportunity in a sought-after location.

Contact Cyprus Properties today to arrange a viewing!

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