Vacant Residential building in Kaimakli, Nicosia

Presenting a versatile three-storey residential building located in the heart of Kaimakli, Nicosia — an ideal opportunity for investors seeking immediate rental income or long-term capital appreciation.

This well-maintained property comprises a total of five self-contained apartments, offering strong rental yield potential and flexibility for multi-unit occupancy.

Property Breakdown:

• Ground Floor Apartment
o Internal Area: 76sq.m.
o Covered Veranda: 6sq.m.
Features an open-plan living and kitchen area, three bedrooms, a bathroom, and covered verandas — ideal for family living or larger tenants.

• First Floor – 2 x 2-Bedroom Apartments (Doors 11 & 12)
Door 11
o Internal Area: 55sq.m.
o Covered Veranda: 9sq.m.
o North-facing
Door 12
o Internal Area: 54sq.m.
o Covered Veranda: 5sq.m.
o South-facing
Each apartment offers an open-plan living and kitchen area, a bathroom, and covered verandas.

• Second Floor – 2 x 2-Bedroom Apartments (Doors 21 & 22)
Door 21
o Internal Area: 55sq.m.
o Covered Veranda: 9sq.m.
o North-facing
Door 22
o Internal Area: 54sq.m.
o Covered Veranda: 5sq.m.
o South-facing
Similar layout to the first floor, offering light-filled interiors and private verandas.

Additional Features:
• 2 Covered & 2 Uncovered Parking Spaces
• Vacant Possession – Ready for immediate occupancy or rental
• Separate Title Deed – Clear ownership and easy transfer

Prime Location:
Located on Vasileiou Voulgaroktonou 8A, this property is:
• 650m northwest of Ayiou Polydorou Church
• 200m southwest of Kaimakli Cemetery
• Set within a quiet yet accessible residential area, close to schools, shops, and major roads.

Development Zone: Κα4
• Building Density: 120%
• Coverage: 50%
• Floors Permitted: 3 (up to 13.5m in height)

Energy category:
Basement: B
Apartment 1A: C
Apartment 2A: D
Apartment 2B: D
Apartment 1B: B