Commercial property in Nicosia, Cyprus

Located in Aglantzia, Nicosia, this two-storey mixed-use building occupies a prime position with excellent visibility on Limassol Avenue, just 1.5 km from the city centre. The property benefits from a strategic location surrounded by commercial and residential developments, ensuring strong footfall and accessibility. The ground floor comprises three retail units with a mezzanine level, offering flexible spaces suitable for shops, showrooms, or offices. The first floor includes a residential apartment and a vacant office area, providing a combination of commercial and residential potential. Additional amenities include basement parking, enhancing convenience for tenants and visitors. A planning permit has been submitted for the development of a larger mixed-use building. The proposed plans include spacious ground-floor retail or office spaces with mezzanine levels, multiple floors of offices with open-plan areas, conference rooms, kitchen facilities, and verandas, as well as basement parking and storage rooms. Energy performance classifications for the building’s units range from Class C to D, reflecting efficiency standards for commercial and office use. With its high-profile location, flexible layout, and development potential, this property represents a unique opportunity for investors or developers seeking a prominent mixed-use asset in Nicosia’s Aglantzia district.