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Building
Strovolos, Nicosia

€440,000  ($503,232)

SOLD
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 $17,613

Average Bank Rate (€440,000)
1 USD = 0.8448 EUR
$520,845

Mid-market rate (€440,000)
1 USD = 0.8743 EUR
$503,232

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: 8376753 (1018)
  • Plot: 588 sqm

Description

A two-story mixed-use building located in the Chryseleousa Quarter of Strovolos, in a popular and well-developed residential area with easy access to the city center.

📍 Location
• Approximately 355 m east of Makarios Stadium
• Approximately 365 m west of Archbishop Makarios Technical School

The area offers immediate access to all amenities and services, making it highly convenient for both residential and commercial use.

🏗️ Property Overview
• Year of Construction: circa 1988
• Building consists of: Basement + Ground Floor Shop with Mezzanine + Upper Floor Residence
• Adjacent to a green area along its eastern boundary

📐 Basement (Approx. 278 sq.m.)
• Open-plan space used as parking area
• Partially converted into a studio

🏢 Ground Floor Shop (Approx. 260 sq.m. + 25 sq.m. covered verandas)
• Two offices
• Two auxiliary office spaces
• Kitchen
• Sanitary areas with shower
• Workshop area

📐 Mezzanine (Approx. 128 sq.m.)
• Auxiliary space converted into two studios

🏡 First Floor Residence (Approx. 183 sq.m. + 51 sq.m. covered verandas)
• Living room & dining area
• Separate kitchen
• Office space
• Laundry room
• Guest W/C
• Bathroom with toilet
• Three (3) bedrooms
• Master bedroom with en-suite shower & toilet
• Fireplace

💰 Investment Highlights
• Mixed-use property with multiple income streams potential
• Currently in process of obtaining vacant possession (freehold)
• Expected to be delivered vacant by 31/07/2026
• In the meantime, rental income of €1,500/month

✨ An ideal investment opportunity combining residential and commercial use in a prime Strovolos location.

Reference: K38839A

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
€14,200 ($16,241)
If buying on joint names
€10,800 ($12,352)

Disclaimer - Property reference 8376753. 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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