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Six storey commercial building in a prime area of Strovolos, offering a total internal space of 1,580 m², including a 365 m² basement for parking space.
The property features a ground-floor retail shop with office spaces on the upper floors, making it suitable for corporate headquarters or multi tenant use. Its prominent corner position ensures high visibility and constant traffic flow, ideal for business exposure.
Located just 150 meters from the new Tax Department building and Strovolos City Hall, it is close to key landmarks with strong commercial activity as well as shops, cafes, and other essential amenities.
Taking into account current rental values and considering a standard refurbishment of about €200K, at current asking price the annual return may reach 10%!
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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.
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