1/3 share of property
Location
• Situated in Lakatameia’s desirable Agios Nikolaos quarter, this location perfectly blends suburban peace with excellent urban access.
• The property is ideally positioned close to a full range of local amenities, including reputable schools, supermarkets, banks, and retail shops.
• Commuters will appreciate the outstanding connectivity, offering swift access to the main motorway network and Nicosia's vibrant city centre.
• This sought-after neighbourhood demonstrates consistently high demand for property due to its prime accessibility and attractive lifestyle.
External Features
• The asset is a mixed-use building from 1995, logically designed to include two shops and a private ground-floor residence.
• It occupies a flat, rectangular plot with approximately 18 meters of direct frontage onto a public road, ensuring high commercial visibility.
• A spacious covered veranda of 18 sq.m. extends from the home, creating a comfortable and sheltered outdoor living area.
• One of the shops is also enhanced by its own covered terrace, which adds to its usable footprint and customer appeal.
Internal Characteristics
• This versatile building provides a total of 264 sq.m. of internal space, thoughtfully divided into three separate units.
• The ground-floor house offers a spacious 102 sq.m. living area, complemented by its own private covered veranda space.
• Two independent commercial units provide business potential, with one shop offering 60 sq.m. and a larger one measuring 102 sq.m.
• The intelligent layout creates a functional separation between the private residence and the public-facing commercial zones.
Advantages - Special Features
• Representing a superb investment, this asset offers three potential income streams from its residential and commercial components.
• Its strategic location in a high-demand area indicates strong potential for consistent rental yields and long-term capital growth.
• This is an ideal acquisition for an investor seeking a diversified portfolio of residential and retail real estate in a single holding.
• Significant future redevelopment potential is secured by the favourable Kα5 residential zoning, which allows a 100% building density.
