Location
• The asset is a commercial building located in Strovolos Municipality, within the Nicosia District.
• It is strategically positioned with high visibility.
• The surrounding area is highly developed and characterized by a mix of commercial buildings, offices, showrooms, and mixed-use residential and commercial developments.
• The location is one of the main commercial arteries of Nicosia, the property benefits from excellent exposure and strong commercial activity. The location also provides very good accessibility to the surrounding areas and the Nicosia city centre.
External Features
• The property comprises a prominent commercial building with significant frontage, offering excellent visibility for business operations.
• The building includes a large basement area used for parking and storage, ensuring practicality for commercial use and convenient servicing of the premises.
Internal Characteristics
The building consists of multiple functional levels designed to accommodate showroom and office use:
• A ground floor showroom of approximately 550 sqm.
• A mezzanine level of approximately 275 sqm, comprising showroom space and offices.
• A first floor offering approximately 515 sqm of office space.
• A basement of approximately 800 sqm, used for parking and storage areas.
Advantages & Special Features
• The property benefits from its prime location along one of Nicosia’s busiest commercial avenues, offering exceptional visibility and accessibility.
• Its versatile internal layout makes it suitable for a variety of commercial uses, including showrooms, offices, or mixed business operations.
• Additionally, the assets fall within two planning zones:
• Commercial planning zone Εβ3 with a building density coefficient of 160%, coverage of 50%, allowing up to 6 floors and a maximum height of 24m.
• Residential planning zone Κα5 with a building density coefficient of 100%, coverage of 50%, allowing up to 3 floors and a maximum height of 13.5m.