Building, For Sale, Nicosia, Nicosia Center, Agios Andreas

Location
This exceptional property is situated in the historic heart of central Nicosia, in a walking diostance from the iconic Ledra Palace Hotel.
Strategically positioned within the Buffer Zone, it lies at the intersection of history, diplomacy, and culture, offering a rare opportunity in one of the city’s most significant areas.
The property enjoys close proximity to key institutions, including the Nicosia District Court , Eleftheria Square, major embassies, and cultural landmarks, making it ideal for diplomatic, boutique hospitality, or institutional use.

External Features
The estate extends over two generous plots and is surrounded by beautifully landscaped gardens that blend paved courtyards with lush ornamental greenery.
The front yard features secure gated access and private parking, ensuring both privacy and convenience.
The rear yard reveals a hidden oasis—an enclosed outdoor bar and café, perfect for hosting cultural events, diplomatic receptions, or private functions. The elegant exterior reflects both grandeur and versatility, allowing for exclusive indoor-outdoor experiences.

Internal Characteristics
With a total enclosed area of approximately 558 sq.m., the property is laid out in two distinct wings:
• Western Wing (Ground Floor):
A welcoming entrance hall opens into a spacious reception area. This wing also includes two large dining rooms, a private dining/conference room, two offices, a bar area, a kitchen with adjacent storerooms, and guest restrooms—offering an ideal layout for high-level entertaining or business functions.
• Eastern Wing (Two Storeys):
This section includes a lounge with fireplace, seating area, shower facilities, and restrooms. It is perfectly suited for VIP hosting or exclusive use, combining comfort and elegance in a sophisticated setting.

Advantages & Special Features
• Architectural Significance: A distinguished landmark that combines historic charm with long-term potential.
• Development Opportunity: Accompanied by 2,270 sq.m. of unused transferable building density, subject to restoration, regulatory compliance, and permit re-issuance.
• Zoning Details: Located in Planning Zone ΕΖ-δ with a 200% building density, 60% coverage, and a permitted building height of 8 floors (31m).
• Ideal for Transformation: Whether as a boutique hotel, diplomatic residence, cultural center, or institutional headquarters, the property offers unmatched flexibility in use.