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Office
Strovolos, Nicosia

€1,940,000  ($2,237,268)

SOLD
Property Masters

Property Masters

Reg. No. 1140, Lic. No. 580

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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 $78,304

Average Bank Rate (€1,940,000)
1 USD = 0.8378 EUR
$2,315,572

Mid-market rate (€1,940,000)
1 USD = 0.8671 EUR
$2,237,268

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: 8317277 (880)
  • Plot: 1616 sqm

Description

This three-storey commercial building offers an excellent investment opportunity, ideal for generating stable rental income or achieving long-term capital appreciation. Its versatile layout makes it suitable for commercial or mixed-use purposes, providing flexibility to maximize returns.

📊 Building Composition
• 🏬 Ground Floor: approx. 370 sq.m.
• 🏢 Mezzanine: approx. 186 sq.m.
• 💼 1st Floor: Whole-floor office space approx. 230 sq.m.
• 💼 2nd Floor: Whole-floor office space approx. 230 sq.m. (currently rented)
• 🚗 Basement: approx. 600 sq.m., providing dedicated parking spaces and auxiliary rooms

💰 Investment Highlight
• 🏢 The 2nd floor is currently rented, generating €2,950 per month in rental income.
• 📈 This provides immediate return on investment (ROI), making the asset particularly attractive for income-focused investors.

📍 Prime Location
The property is strategically positioned on Strovolou Avenue, one of Nicosia’s busiest commercial roads, within the well-established Agios Vasilios quarter.

Key Location Advantages:
• 👀 High Visibility: Located on a high-traffic commercial avenue with strong daily exposure
• ☕ Excellent Connectivity: Immediate access to cafes, restaurants, retail shops, banks, and essential services
• 🚗 Accessibility: Close to schools, offices, and residential neighborhoods, with easy connections to main roads and transport networks

Reference: K45999AL

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
€74,200 ($85,570)
If buying on joint names
€70,800 ($81,649)

Disclaimer - Property reference 8317277. 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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