Description

Location Presenting a versatile three-storey residential building ideally situated in the heart of Kaimakli, Nicosia. • Located in walking distance to Ayiou Polydorou Church. • Nestled in a quiet yet accessible residential area. • Close to schools, local amenities, shops, and major roads. External Features The property sits on a plot within a Κα4 residential zone, offering excellent development potential. • Building Density: 120%. • Site Coverage: 50%. • Permissible Floors: 3, up to 13.5 metres in height. • Includes 2 covered and 2 uncovered parking spaces. • Title deed available for clear and easy ownership transfer. Internal Characteristics The building is well-maintained and comprises five self-contained apartments spread across three levels: Ground Floor Apartment • Internal area: 76 sq.m. • Covered veranda: 6 sq.m. • Features an open-plan living and kitchen area. • Includes three spacious bedrooms. • Includes a full bathroom and covered verandas. First Floor – 2 x 2-Bedroom Apartments Door 11 • Internal area: 55 sq.m. • Covered veranda: 9 sq.m. • North-facing orientation. Door 12 • Internal area: 54 sq.m. • Covered veranda: 5 sq.m. • South-facing orientation. • Both apartments feature open-plan living and kitchen areas. • Each includes a bathroom and private covered verandas. Second Floor – 2 x 2-Bedroom Apartments Door 21 • Internal area: 55 sq.m. • Covered veranda: 9 sq.m. • North-facing orientation. Door 22 • Internal area: 54 sq.m. • Covered veranda: 5 sq.m. • South-facing orientation. • Identical in layout to the first-floor units. • Offer light-filled interiors and functional verandas. Advantages & Special Features This property presents a compelling opportunity for investors and homebuyers alike. • Immediate rental income potential with five independent units. • Ideal for multi-family occupancy or long-term portfolio growth. • Vacant possession — ready for immediate use. • Strategically located in a sought-after, residential zone with development flexibility. • Secure and clearly titled — perfect for a hassle-free transaction.