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Property 1110 Nicosia / 45223

Rare Diadiritéo Building In Nicosia's Historic Center.

  • Thumbnail 1 Property 1110 Nicosia / 45223
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Photos 2

For Sale • Deal

550,000€

Estimated Mortgage

/month

393

m2

108

Plot m2

Community

Property Type

Building

District

Nicosia

Covered/Built m2

393 m2

Plot m2

108 m2

Property Description

A rare opportunity to acquire a Diadiritéo (Listed) building in the most vibrant and historic part of Nicosia’s walled city. Built in 1955, this timeless property carries the architectural character and charm of a bygone era, while offering outstanding potential for a modern redevelopment project. Location Situated right in the centre of Nicosia, within the ΕΖ-εν (100%) Commercial Development Zone, this property enjoys prime positioning in one of the city’s most dynamic commercial and cultural districts.

Property Details • Plot size: 108 sq.m • Internal area: 393 sq.m (usable space) • Building density: 160%

• Coverage: 70% • Maximum height: 3 floors Key Features & Potential • Recognised as a Diadiritéo Oikodomi (Listed Building), ensuring both historical value and potential incentives for restoration.

• Generous 393 sq.m of internal space across multiple levels, offering flexibility for a wide range of uses—commercial, hospitality, cultural, or mixed-use development. • Positioned within the Walled City, a unique and growing hub for investment, tourism, and lifestyle projects. • Excellent development prospects under the Commercial Development Zone regulations, making it ideal for boutique hotels, cultural centres, office spaces, or stylish residential units. Why Invest

This property combines heritage charm with prime commercial zoning—a perfect match for visionary investors seeking to bring new life into one of Nicosia’s most historic areas. Whether restored to its former glory or transformed into a landmark business or hospitality space, it offers significant value and potential returns.

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 1110 Nicosia / 45223
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

18,600 €

Transfer Fees Joint Names

15,200 €

Stamp Duty

1,008 €

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