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Commercial Building
Strovolos, Nicosia

€2,200,000  ($2,549,108)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

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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 $89,219

Average Bank Rate (€2,200,000)
1 USD = 0.8339 EUR
$2,638,327

Mid-market rate (€2,200,000)
1 USD = 0.8630 EUR
$2,549,108

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: 8328238 (3770)
  • Plot: 496 sqm

Description

Five-storey mixed-use building with basement located in the Chryseleousa quarter of Strovolos, Nicosia, presenting a unique investment and development opportunity in a high-demand area with limited supply of commercial and residential properties.

The property sits on a 496 sq.m. plot with approximately 22m frontage and comprises a total building area of about 1,514 sq.m., currently in shell and core condition, allowing a developer or owner-occupier to complete and customize the internal layout and finishes. The building includes a ground-floor retail shop of approximately 227 sq.m., a 121 sq.m. mezzanine, three office floors (1st–3rd) of about 179 sq.m. each, and a spacious 4th-floor penthouse apartment of approximately 194 sq.m., complemented by 98 sq.m. of covered verandas and 111 sq.m. of communal areas. The 435 sq.m. basement provides 15 parking spaces and storage areas, and the building is served by an elevator.

The property benefits from excellent accessibility and proximity to universities, supermarkets, cafes, and restaurants and is held through company shares and maybe purchased with no transfer fees and no VAT applicable.

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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
€84,600 ($98,025)
If buying on joint names
€81,200 ($94,085)

Disclaimer - Property reference 8328238. 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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