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Pay in USD and save up to $16,152🏢 Mixed-Use Building for Sale in Strovolos, Nicosia
Reference: O8406G
📍 Chryseleousa, Strovolos
🏷️ Commercial Zone: ΕΒ3
💼 An excellent investment and redevelopment opportunity on Strovolou Avenue, one of Nicosia’s busiest commercial roads.
📐 Land Area: 477 m²
🏢 Total Covered Area: 626 m²
📦 Basement: 130 m²
📏 Road Frontage: 29 m
Existing Building
• 2 Ground Floor Shops (120 m² each)
• 2 First Floor Apartments (128 m² each)
• Basement (130 m²)
• All units are vacant
🏗️ Development Potential
• Building Density: 160%
• Coverage: 50%
• Up to 6 Floors
• Maximum Height: 24m
The plot offers the potential to redevelop into a modern commercial building comprising:
✔️ Underground parking
✔️ Ground floor retail/commercial space with additional parking and lobby
✔️ Five upper floors of approximately 128 m² net area each, plus common areas
📍 Prime Location
• On Strovolou Avenue
• 50m from Agia Marina Primary School
• 150m from Pericleous Avenue
• Excellent access to Nicosia city centre and all amenities
✅ Vacant
✅ No VAT
✅ Ideal for investors, developers, office headquarters or mixed commercial use.
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 8892776. 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.
