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Commercial Building
Strovolos, Nicosia

€1,370,000  ($1,591,145)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $55,690

Average Bank Rate (€1,370,000)
1 USD = 0.8319 EUR
$1,646,835

Mid-market rate (€1,370,000)
1 USD = 0.8610 EUR
$1,591,145

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: 8543017 (4097)
  • Plot: 465 sqm

Description

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%!

Connect with Monday Square today and find a better investment for your portfolio!

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
€51,400 ($59,697)
If buying on joint names
€48,000 ($55,748)

Disclaimer - Property reference 8543017. 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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