Commercial building in Ayioi Omologites, Nicosia

The building is located on Makarios Avenue in Nicosia, near Landmark Towers. Originally, the building consisted only of the ground floor, which includes 5 shops, each with its own mezzanine. The total area of all the shops, including the mezzanines, is estimated at 495 sqm + 25 sqm of common area. 

Subsequently, three additional floors were added. Please note that these floors do not have final approval, as the original permit was for residential apartments. Office spaces constructed without submitting updated plans.

Building Layout:
*1st Floor: 2 offices, totaling 337 sqm
*2nd Floor: 2 offices, totaling 337 sqm
*3rd Floor: 2 offices, totaling 337 sqm
*Basement: Parking, 434 sqm

It is noted that there is expansion potential as the building coefficient allows for the construction of three additional floors.

This property offers significant potential for renovation or redevelopment. Suggested future uses include:
*Boutique hotel or Airbnb-style units
*Clinic or private medical offices
*Mixed commercial/residential development

Any areas, energy class, measurements or descriptions are approximate and for guidance only. All information provided by Arazo Estates Ltd should be independently verified and confirmed by interested party. No guarantee, warranty or representation of any kind is made regarding accuracy of any data mentioned herein. All photographs are provided for guidance only.