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Building
Strovolos, Nicosia

€682,000  ($778,903)

Property Masters

Property Masters

Reg. No. 1140, Lic. No. 580

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $27,262

Average Bank Rate (€682,000)
1 USD = 0.8460 EUR
$806,165

Mid-market rate (€682,000)
1 USD = 0.8756 EUR
$778,903

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8317261 (865)
  • Plot: 350 sqm

Description

An excellent investment opportunity in the sought-after Agios Dimitrios Quarter of Strovolos, Nicosia. The property consists of a two-storey mixed-use building in a prime residential location, offering immediate rental income and strong future redevelopment potential.

📐 Property Specifications
• Land Area: 614 sq.m.
• Ground Floor: 150 sq.m.
• First Floor (Office – Rented): 200 sq.m.
• Covered Verandas: 8 sq.m.

🏢 Building Layout
• Front Shop (West Side): Four rooms and two toilets.
• Rear Shop / Office (East Side): Split-level open-plan workspace with kitchenette and toilets.
• First Floor Office: Entrance lobby, open-plan working area, conference room, separate offices, kitchen area, and toilets (currently rented).

📍 Location Highlights
• East side of Thermopylon Street
• Approx. 50 m south of Armenias Avenue
• Approx. 100 m northeast of Agios Demetrios Primary School
• Approx. 400 m west of Limassol Avenue

The area is well-established and centrally located, with easy access to main roads, schools, services, and commercial amenities, making it ideal for future residential apartment development.

📄 Additional Information
• Property held within a Special Purpose Vehicle (SPV)
• No Transfer Fees and no VAT when acquiring company shares
• Energy Performance Certificate pending

Reference: K46008AL

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€23,880 ($27,273)
If buying on joint names
€20,480 ($23,390)

Disclaimer - Property reference 8317261. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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