£1,678,883

Land for sale

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£1,678,883

€1,940,000

Land for sale

Strovolos, Nicosia, Cyprus

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Local area information

Property location

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Nearby amenities

Features and description

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Online viewing available.\nThis three-storey building presents a prime investment opportunity, ideal for generating stable rental income or long-term capital appreciation. Its versatile design makes it suitable for commercial or mixed-use purposes, offering significant flexibility to maximize returns.

Building Composition:
•Ground Floor: Approximately 370 sq.m.
•Mezzanine: Approximately 186 sq.m.
•1st Floor: Whole-floor office space of approximately 230 sq.m.
•2nd Floor: Whole-floor office space of approximately 230 sq.m. (Currently rented at €2,950/month).
•Basement: Approximately 600 sq.m., accommodating dedicated parking spaces and auxiliary rooms.

Investment Highlight:
The 2nd floor is currently income-generating, providing an immediate monthly rental income of €2,950. This makes the asset particularly attractive to investors seeking an immediate return on investment (ROI).

Prime Location:
The asset is ideally positioned on Strovolou Avenue, one of Nicosia's highest-traffic commercial arteries, within the well-established Agios Vasilios quarter.
Key Location Highlights:
•High Visibility: Exceptional daily traffic flow and a strong business presence.
•Connectivity: Immediate access to cafes, restaurants, retail shops, banks, and essential services.
•Accessibility: Proximity to schools, offices, and residential neighborhoods, with easy links to main roads and transport networks.

22 parking spaces
Year Built: 2002
Frontage area: 56 m

1st unit
Main area size: 600 sqm
Floor: Basement L1
Parking spaces: 15
Interior storage rooms: 1

2nd unit
Main area size: 370 sqm
WCs: 1
Parking spaces: 7
Interior storage rooms: 1

3rd unit
Main area size: 186 sqm
Floor: 1st
WCs: 1
Interior storage rooms: 1

4th unit
Main area size: 230 sqm
Floor: 1st
WCs: 1
Interior storage rooms: 1

5th unit
Main area size: 230 sqm
Floor: 2nd
WCs: 1
Interior storage rooms: 1

You can tour this property via live video chat. We perform video walkthroughs via your favorite mobile chat app (Whatsapp or Viber). Request a viewing now.

Floor plans and tours

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More information

Property descriptions and related information displayed on this page are marketing materials provided by - ADDRESS ESTATE AGENTS LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact ADDRESS ESTATE AGENTS LTD for full details and further information.

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