For Sale Building

Building for Sale in Nicosia

Nicosia, Cyprus

€380,000 €1,134 per m²
  • 335m² covered
  • BuildingType
  • Estates-26188Reference

About this property

The property under study comprises of a three-storey building located in Latsia-Geri Municipality, of Nicosia District. The property is situated approximately 580 meters north of Geriou Avenue, 50 meters west of Athalassis Avenue and 530 meters northeast from «A’ Geri Elementary School».

It is situated on a rectangular plot, with an even surface and abuts onto a registered road (Michael Karaoli Street, No.5) along its northeastern boundary, with a frontage of approximately 20 meters.

Within the plot there is a three-storey building. On the ground floor there is a house and a parking spaces, on the first floor there is an upper floor house and the second floor comprises of an incomplete unit. The building was erected in 1992 (circa) with a concrete frame and masonry bricks.

Ground floor house:

The unit consists of an open plan space with a living room and kitchen, one (1) bedroom and a main bathroom. The house has an internal area of approximate 100m².

Upper floor house:

The property consists of a living room, dinning room, kitchen, laundry room, three (3) bedrooms where the master bedroom has an ensuite bathroom, a main bathroom with WC, a additional guest WC and three (3) covered verandas. Based on the DLS info, the unit has an internal area of approximate 235m² and covered verandas of approximately 42m².

Incomplete house on the second floor:

The building has only been partially constructed, with the columns and roof completed. The state of the unit has remained incomplete since 1992. Based on the DLS it has an area of approximate 235m².

Externally, there is covered parking area for 2 cars.

Residential Building For sale, floor: Ground floor, in Geri. The Residential Building is 335 sq.m. and it is located on a plot of 521 sq.m.. It consists of: and it also has 2 parkings (2 Open). The property was built in 1992,

Omega Real Estate Cyprus Ltd AM1097 AA310/E

Details

Reference
Estates-26188
Type
Building
Status
For Sale
Price
€380,000
Size
335 m²
Land
521 m²
District
Nicosia
Listed
14 November 2026

Features

  • Covered Parking

The figures

Worked out from this listing and the others on the site today.

  • 13% over the middle asking price per m²

    Against 9 buildings for sale in Nicosia listed here today. Their middle asking price per m² is €1,000; this one is €1,134. Asking prices, not prices paid: condition, view and finish are not counted.

    Prices in Nicosia
  • About €1,300 a month with a mortgage

    On a loan of €266,000 (a 30% deposit of €114,000), repaid over 25 years at 3.3%. An illustration: your bank sets the rate and what it will lend.

    Change the figures
  • About €11,800 in transfer fees

    If it is a resale bought in one name; two buyers, half each, pay about €8,400. A new property sold with VAT pays VAT instead of transfer fees. There is no stamp duty since 2026. An estimate from the official scale.

    Work out the costs

Where it is

Nicosia, Cyprus

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