A rare opportunity to acquire a listed traditional property in the heart of Old Nicosia, ideally located near Famagusta Gate. The property is situated in a very quiet and charming area, offering a unique combination of historical character and central location, within walking distance to cultural landmarks, cafes, and the city center.
The house requires full renovation, making it an excellent opportunity for transformation into a private residence, a boutique project, or an investment property such as short-term or long-term rental. Its architectural character and location provide strong potential for significant value appreciation once restored.
A key advantage of this property is that all the necessary permits have already been secured by the current owner. Only a renewal of the licences is required, allowing the new owner to proceed with the renovation without delays.
Overall, this is a unique investment opportunity to acquire a character property in one of the most desirable areas within the old city walls of Nicosia, with strong potential for redevelopment and high future returns