House, For Sale, Nicosia, Lycavitos

A truly rare investment opportunity in the historic core of Nicosia Old Town (Agios Antonios parish), within the perimeter of the Venetian walls. This protected historic property of 130sq.m built in1935, sits on a 287 sq.m. plot in one of the city’s most culturally rich and architecturally significant areas.
Located in a 100% residential planning zone (Ka-a) with 140% building density, 70% coverage, and allowance for two floors, the property offers exceptional redevelopment potential, subject to preservation guidelines. Whether envisioned as a character private residence, boutique rental, artist residence, or heritage-focused investment, this is a canvas for a high-end, story-driven project.
️ Important to note:
The building requires a full, major renovation. This is not a cosmetic upgrade—it is a project for buyers who understand restoration, heritage value, and long-term upside.
What makes this property special is not its current condition, but:
• Its historic character and protected status
• Its central Old Town location
• The scarcity of similar properties becoming available
• The strong demand for restored heritage homes in Nicosia’s centre
Properties like this are increasingly rare and, once restored, tend to hold exceptional cultural and investment value.
Asking Price: €220,000
Ideal for:
• Visionary investors
• Architects & developers specializing in heritage projects
• Buyers seeking a one-of-a-kind property with soul and history
Serious enquiries only. This is an opportunity for those who see potential where others see work.