Old Nicosia Treasure - Listed Two Storey Building for Sale

Nestled in the historic central Nicosia, this extraordinary property is a captivating blend of heritage charm and future promise. Positioned just steps away from the iconic Ledra Palace Hotel, a location rich in history, culture, and diplomatic significance.
This rare offering presents not only a distinguished architectural landmark but also an exceptional development opportunity, with 2,270sq.m. of unused transferable building density (subject to restoration, regulatory compliance, and permit re-issuance).

Property Overview:
• Occupies two generous plots with an enclosed area of approx. 558sq.m.
• Configured into two main wings:
✅ Western Wing (Ground Floor): Features a welcoming entrance hall, reception area, two large dining rooms, a private dining/conference room, two offices, bar area, kitchen with storerooms, and guest restrooms.
✅ Eastern Wing (Two Storeys): Comprises a spacious lounge with a fireplace, seating area, shower facilities, and restrooms—ideal for VIP hosting or exclusive use.

Exterior Features:
• Surrounded by a meticulously landscaped garden, blending paved courtyards with lush ornamental greenery.
• Front yard: Offers private parking and secure gated access.
• Rear yard: A hidden oasis featuring a fully enclosed and cultivated outdoor bar & café, perfect for cultural gatherings, diplomatic receptions, or high-end events.

Zoning & Development Details:
• Located in Planning Zone ΕΖ-δ
• Building Density: 200%
• Coverage: 60%
• Permitted Height: 8 floors / 31m
• Energy Performance Certificate: Pending

Location Highlights:
• Just 1 km from Eleftheria Square, the vibrant heart of Nicosia
• Only 450 m from the Nicosia District Court
• Proximity to key landmarks, embassies, and cultural institutions enhances its value for diplomatic, boutique hospitality, or institutional use.