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Pay in USD and save up to $215,759This commercial building presents an excellent opportunity for either owner-occupation or as a high-yield income-producing asset.
The property consists of a basement with parking and storage areas, a ground floor retail unit with a mezzanine, and four upper floors of office spaces. The retail unit is currently occupied by Hellenic Bank and will soon be vacated.
Property Layout
Basement: Accessed via ramp from the north side, it includes 36 parking spaces, storage areas, and engine rooms.
Ground Floor: Features a small office on the west side, the central building entrance, and the bank branch area with a large customer service hall, cashier counters, staff offices (with glass/aluminium partitions), a vault, kitchen, storage rooms, sanitary facilities, and an additional 18 parking spaces.
Mezzanine: Contains office areas, a meeting room, and men’s and women’s toilets. The western mezzanine operates as an independent office with an open-plan layout, kitchenette, and sanitary facilities.
1st – 4th Floors: Each floor is split into two office wings, mainly open-plan, with partitions adapted by former tenants. All floors include kitchens and sanitary facilities.
Tenancy & Income
Part of the ground floor and basement are leased to CYTA, including rooftop antenna rental at €1,800/month (agreement until 30/11/2025).
Office 102 (approx. 350 sq.m.) is leased to the Horse Race Club at €1,295/month.
Key Features
Total Plot: 2,170 sq.m.
Build Year: 1995
Elevators: 2, with access to basement
Total Parking: 54 spaces (36 basement + 18 ground floor)
Title deed available
Energy Category: C
Town Planning Zones
Κα4 (55%) – Building density 120%, coverage 50%, 3 floors (13.5m).
Εβ3 (45%) – Building density 160%, coverage 50%, 6 floors (24m).
Unit Breakdown
1st Unit
Enclosed area: 1,698 sqm
Floor: Basement L1
2nd Unit
Enclosed area: 823 sqm
Auxiliary area: 96 sqm
3rd Unit
Enclosed area: 616 sqm
Floor: 1st
WCs: 2
4th Unit
Enclosed area: 890 sqm
Floor: 1st
Kitchens: 1
WCs: 2
5th Unit
Enclosed area: 559 sqm
Floor: 1st
Kitchens: 1
WCs: 2
6th Unit
Enclosed area: 559 sqm
Floor: 2nd
Kitchens: 1
WCs: 2
7th Unit
Enclosed area: 559 sqm
Floor: 3rd
Kitchens: 1
WCs: 2
8th Unit
Enclosed area: 559 sqm
Floor: 4th
Kitchens: 1
WCs: 2
Location
Situated on a busy commercial road, only 2 km from Nicosia city center,
approx. 2 km from the B9 motorway,
1 km from Agios Dometios community center,
5 km from Strovolos city center.
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