An exceptional property located in the vibrant center of Nicosia, within the pedestrian-only zone and just 100 meters from the redesigned Eleftheria Square.
All permits in place for conversion into a hotelFull renovation required – estimated cost approximately: €2.5MPlanned configuration: 24 rooms, reception area, dining space, and kitchen on the ground floor
This property presents a rare opportunity to develop a boutique city hotel in one of the most dynamic and touristic parts of the old city. Alternatively, it could be converted into student accommodation, subject to town planning approval.
Asking Price: €1.600.000
Don’t miss the chance to invest in a project with high potential and prime location appeal.