Mixed-use building in Trypiotis, Nicosia

Ref No: 7468

€ 1,600,000 (-5.88%) € 1,700,000


The property is a mixed-use building known as "Elenios Stoa" in Trypiotis quarter, Nicosia Municipality. It is located on the pedestrian-only streets of Ledras and Onasagorou, 100m from the revamped Eleftherias Square.

The building has a covered area of 1,322sqm and consists of 7 shops on the ground floor that have been unified to 3 (one is rented as a souvenir shop), 21 apartments (13 studios, 6 two-bedroom and 2 three-bedroom) and a roof garden of 366sqm. The building has also a basement with an area of 224sqm. It is built within a land area of 366sqm.

An investment opportunity for a city boutique hotel on the most lively part of the old city, or student accommodation subject to town planning permits.

Read more about the Government Subsidy

Main Features

Occupancy Status
Partly Occupied
For sale

Other Features

Land Registry

Nicosia Municipality
Reg. No.
1/145, 1/304
103, 104


Covered Area
1,322 m2
Land area
366 m2
Uncovered verandas
366 m2
Basement area
224 m2

Further Features

Energy Class G
Year of construction

Town Planning

Town planning zone
Building density
180 %
Coverage ratio
70 %
Max floors
Max height
11.50 m

Legal disclaimer

The asset was repossessed by Gordian Holdings Limited via auction pursuant to Part VIA of the Immovable Property (Transfer and Mortgage) Law of 1965 (L. 9/1965). The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

Any markings, or designs on the property photos are indicative, for illustration purposes only and may differ from the actual boundaries.


Gordian Holdings Limited does not make any representations and/or is not liable as to the applicability and/or validity and/or availability of any government schemes and/or subsidies and/or otherwise for this property or the purchase of this property by the Purchaser, and the Purchaser is solely responsible for any applications and/or actions that may have to be procured for such government schemes and/or subsidies and/or otherwise to be obtained and/or to apply, and such applications and/or actions shall not in any way affect the rights of Gordian Holdings Limited under the sale and purchase procedure.

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Andreas Ioannou

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77 77 56 56

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