Property photos
Just added
£631,229
€750,000 (€61.77/sq. ft)
Retail premises for sale
City Centre, Nicosia, Cyprus12,142 sq. ft
Local area information
Property location
Nearby amenities
Features and description
59% ownership share in prime city-center residential development – reduced price
now available at €750,000 (reduced from €1,250,000)
An exceptional opportunity to acquire a 59% ownership stake in a partially completed residential development, strategically situated in a highly sought-after urban area. The property spans a land area of 841 sqm and comprises two modern apartment blocks—Iris (East) and Rose (West)—featuring a total of 9 residential units.
This investment includes exclusive rights to six units across both buildings: The 1st, 2nd, 4th, 5th, and 6th floors of the Iris building, and the 2nd floor of the Rose building. The existing construction provides a flexible foundation for customization, allowing investors to tailor the development to meet market demand.
Located within walking distance of key commercial hubs, business centers, and a wide range of amenities, the property offers outstanding connectivity and lifestyle appeal. Its central position ensures strong rental potential and long-term value appreciation, making it ideal for both residential leasing and resale strategies.
Whether you're looking to complete and sell individual units or develop a high-yield rental portfolio, this project presents a rare blend of location, scale, and growth potential in one of the capital's most vibrant districts.
Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.
Nicosia city center is the vibrant heart of Cyprus, combining rich history with modern urban living. As the island’s capital, it is a hub for business, education, culture, and government, attracting professionals, students, and tourists alike. The area boasts a mix of contemporary developments, historic architecture, lively cafes, retail shops, and cultural venues, all within walkable distance. With ongoing regeneration projects and strong demand for housing, the city center continues to offer compelling opportunities for real estate investment.
Buy Cyprus ltd a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.
Paphosproperties has seamlessly integrated with Buy Cyprus ltd, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.
now available at €750,000 (reduced from €1,250,000)
An exceptional opportunity to acquire a 59% ownership stake in a partially completed residential development, strategically situated in a highly sought-after urban area. The property spans a land area of 841 sqm and comprises two modern apartment blocks—Iris (East) and Rose (West)—featuring a total of 9 residential units.
This investment includes exclusive rights to six units across both buildings: The 1st, 2nd, 4th, 5th, and 6th floors of the Iris building, and the 2nd floor of the Rose building. The existing construction provides a flexible foundation for customization, allowing investors to tailor the development to meet market demand.
Located within walking distance of key commercial hubs, business centers, and a wide range of amenities, the property offers outstanding connectivity and lifestyle appeal. Its central position ensures strong rental potential and long-term value appreciation, making it ideal for both residential leasing and resale strategies.
Whether you're looking to complete and sell individual units or develop a high-yield rental portfolio, this project presents a rare blend of location, scale, and growth potential in one of the capital's most vibrant districts.
Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.
Nicosia city center is the vibrant heart of Cyprus, combining rich history with modern urban living. As the island’s capital, it is a hub for business, education, culture, and government, attracting professionals, students, and tourists alike. The area boasts a mix of contemporary developments, historic architecture, lively cafes, retail shops, and cultural venues, all within walkable distance. With ongoing regeneration projects and strong demand for housing, the city center continues to offer compelling opportunities for real estate investment.
Buy Cyprus ltd a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.
Paphosproperties has seamlessly integrated with Buy Cyprus ltd, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.
More information
Listed by
BUYCYPRUS LICENCE ESTATE AGENTS
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