Prime Three-Property Investment Package in Central Nicosia

For Sale – Prime Three-Property Investment Package in Central Nicosia

An excellent investment opportunity to acquire three separate properties within one small residential building, ideally located at the beginning of Armenia Street, just off Limassol Avenue in Nicosia.

The package comprises two spacious, fully furnished apartments and a ground-floor commercial shop, offering the potential for three independent rental income streams. With a combined internal covered area of approximately 340 m², excluding verandas, all three properties are in very good condition and ready for immediate use or rental.

The Investment Package
1. Three-Bedroom Apartment – 130 m²
•Spacious interior in very good condition
•Two verandas, additional to the internal area
•Fully furnished and equipped with electrical appliances
•Quality marble finishes and attractive architectural details
•Air conditioning, ceiling fans and bathroom heating
•Ready for immediate occupancy or rental

2. Two-Bedroom Apartment – 120 m²
•Fully renovated with tasteful, quality finishes
•Three verandas, additional to the internal area
•Fully furnished with attractive furnishings
•Fully equipped kitchen and electrical appliances
•Air conditioning, ceiling fans and bathroom heating
•Ready for immediate rental, with no additional renovation required

3. Ground-Floor Commercial Shop – 90 m²
•Convenient and accessible ground-floor position
•In very good condition
•Located within an established residential and commercial neighbourhood
•Suitable for commercial use, offering additional rental income potential

Building Features
•Constructed in 1980, with solid construction and quality materials
•Small residential building with only four apartments in total
•Elevator
•Covered parking spaces
•Additional storage areas
•Mature rear garden with established trees
•Distinctive architectural character and quality marble finishes
•Separate title deeds available for the properties

Prime Central Location
Situated at the beginning of Armenia Street, just off Limassol Avenue, the property enjoys excellent accessibility and proximity to a wide range of amenities, including:
•Landmark Hotel
•Supermarkets, pharmacies and retail shops
•Business centres and offices
•Everyday services and essential amenities
•Nicosia city centre and the main highway network

Investment Highlights
•Three separate properties offered as one package
•Two residential apartments and one commercial shop
•Approximately 340 m² of combined internal covered area, excluding verandas
•Fully furnished and equipped apartments
•All three properties in very good condition
•Potential for three independent rental income streams
•Attractive central location with established rental demand
•Separate title deeds available
•Asking price: €540,000 for the entire package

A compelling opportunity for investors seeking a combination of residential and commercial property in a convenient central Nicosia location. With generous internal areas, existing furnishings and separate title deeds, this package offers flexibility, rental potential and long-term investment prospects.

Total Asking Price: €540,000

Contact Cyprus properties today to arrange a viewing!