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A unique investment opportunity in the highly sought-after Chryseleousa Quarter of Strovolos, an area characterized by strong commercial demand and limited property supply.
This five-storey mixed-use building with basement is currently in incomplete (shell & core) condition, offering the advantage of customizable interior finishes, allowing developers or owners to tailor the space to their specific requirements.
📊 Building Composition
• 🏬 Ground Floor Shop: approx. 227 sq.m.
• 🏢 Mezzanine: approx. 121 sq.m.
• 💼 Floors 1–3: Office spaces of approx. 179 sq.m. per floor
• 👑 4th Floor: Spacious penthouse apartment of approx. 194 sq.m.
• 🚗 Basement: approx. 435 sq.m., including parking spaces and storage/auxiliary rooms
• 🌿 Verandas: approx. 98 sq.m. of covered outdoor space
• 🏛 Common Areas: approx. 111 sq.m.
📍 Strategic Location
The building is within walking distance of universities, supermarkets, cafes, and restaurants.
• 📍 Approx. 100m southeast of Griva Digeni Avenue
• 📍 Approx. **200m southwest of the Prodromou and Vyzantiou intersection
This prime position ensures high visibility, excellent accessibility, and strong commercial appeal.
💼 Investment Advantage
The property is held within a Special Purpose Vehicle (SPV).
✔ No Transfer Fees
✔ No VAT applicable when acquiring the company shares
Reference: K45994AL
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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