You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
This three-storey building presents a prime investment opportunity, ideal for generating stable rental income or long-term capital appreciation. Its versatile design makes it suitable for commercial or mixed-use purposes, offering significant flexibility to maximize returns.
Building Composition:
•Ground Floor: Approximately 370 sq.m.
•Mezzanine: Approximately 186 sq.m.
•1st Floor: Whole-floor office space of approximately 230 sq.m.
•2nd Floor: Whole-floor office space of approximately 230 sq.m. (Currently rented at €2,950/month).
•Basement: Approximately 600 sq.m., accommodating dedicated parking spaces and auxiliary rooms.
Investment Highlight:
The 2nd floor is currently income-generating, providing an immediate monthly rental income of €2,950. This makes the asset particularly attractive to investors seeking an immediate return on investment (ROI).
Prime Location:
The asset is ideally positioned on Strovolou Avenue, one of Nicosia's highest-traffic commercial arteries, within the well-established Agios Vasilios quarter.
Key Location Highlights:
•High Visibility: Exceptional daily traffic flow and a strong business presence.
•Connectivity: Immediate access to cafes, restaurants, retail shops, banks, and essential services.
•Accessibility: Proximity to schools, offices, and residential neighborhoods, with easy links to main roads and transport networks.
22 parking spaces
Year Built: 2002
Frontage area: 56 m
1st unit
Main area size: 600 sqm
Floor: Basement L1
Parking spaces: 15
Interior storage rooms: 1
2nd unit
Main area size: 370 sqm
WCs: 1
Parking spaces: 7
Interior storage rooms: 1
3rd unit
Main area size: 186 sqm
Floor: 1st
WCs: 1
Interior storage rooms: 1
4th unit
Main area size: 230 sqm
Floor: 1st
WCs: 1
Interior storage rooms: 1
5th unit
Main area size: 230 sqm
Floor: 2nd
WCs: 1
Interior storage rooms: 1
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 8281561. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
