£1,258,297
Land for sale
Property photos
Offers in region of
£1,258,297
€1,454,000
Land for sale
Strovolos, Nicosia, Cyprus1 reception
Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
- Unfurnished
- Listing id:
- Online viewing available. Request details for a live walkthrough.
Online viewing available.\nAn exceptional investment opportunity in a five-storey mixed-use building with mezzanine and basement, ideally located on Acropoleos Avenue, one of the capital's most central commercial streets.
The building comprises:
Ground Floor:
•One small retail shop of approximately 30 sq. M., with a mezzanine of approximately 30 sq m.
•One large retail shop of approximately 120 sq. M., with a mezzanine of approximately 120 sq m.
•1st – 3rd Floors:
Each floor, approximately 190 sq. M., is divided into 2 separate office spaces of approximately 95 sq. M. Each, suitable for professional use.
•4th Floor:
A two-bedroom penthouse apartment of approximately 106 sq m of internal areas and approximately 84 sq.m. Of uncovered verandas.
•Basement area of approximately 340 sq.m.
Most floors are tenanted with a current rental amount of €61.568 and a current yield of 4.1%.
Office 201, office 302, and the penthouse apartment are vacant with a potential market rent of €30.600.
Subject to full tenancy, the property should have a total rental amount of €92.168 and a yield of 6.2%.
Additionally, the property benefits from parking spaces and storage rooms on the ground floor and basement, enhancing functionality for both commercial and residential tenants.
The asset enjoys a prime central location, within walking distance to numerous amenities and services. It is situated approximately 20 metres southwest of Ayios Demetrios traffic lights and around 150 metres southeast of Makarios Hospital, ensuring excellent accessibility and strong commercial visibility.
The property falls within Planning Zone Eβ3, which allows:
•Building Density: 160%
•Coverage: 50%
•Maximum Floors: 6
•Maximum Height: 24 metres
Build year: 1990
Plot Title Deed Registration number: 13/3170 with a building permit
Total floors: 5
Frontage area: 23 m
1st unit
Main area size: 340 sqm
Floor: Basement L1
Parking spaces: 3
Exterior storage rooms: 3
2nd unit
Main area size: 30 sqm
Helping area size: 30 sqm
3rd unit
Main area size: 190 sqm
Floor: 1st
Closed offices: 1
4th unit
Main area size: 190 sqm
Floor: 2nd
Closed offices: 1
5th unit
Main area size: 190 sqm
Floor: 3rd
Closed offices: 1
6th unit
Main area size: 106 sqm
Helping area size: 84 sqm
Floor: 4th
7th unit
Main area size: 120 sqm
Helping area size: 120 sqm
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.
The building comprises:
Ground Floor:
•One small retail shop of approximately 30 sq. M., with a mezzanine of approximately 30 sq m.
•One large retail shop of approximately 120 sq. M., with a mezzanine of approximately 120 sq m.
•1st – 3rd Floors:
Each floor, approximately 190 sq. M., is divided into 2 separate office spaces of approximately 95 sq. M. Each, suitable for professional use.
•4th Floor:
A two-bedroom penthouse apartment of approximately 106 sq m of internal areas and approximately 84 sq.m. Of uncovered verandas.
•Basement area of approximately 340 sq.m.
Most floors are tenanted with a current rental amount of €61.568 and a current yield of 4.1%.
Office 201, office 302, and the penthouse apartment are vacant with a potential market rent of €30.600.
Subject to full tenancy, the property should have a total rental amount of €92.168 and a yield of 6.2%.
Additionally, the property benefits from parking spaces and storage rooms on the ground floor and basement, enhancing functionality for both commercial and residential tenants.
The asset enjoys a prime central location, within walking distance to numerous amenities and services. It is situated approximately 20 metres southwest of Ayios Demetrios traffic lights and around 150 metres southeast of Makarios Hospital, ensuring excellent accessibility and strong commercial visibility.
The property falls within Planning Zone Eβ3, which allows:
•Building Density: 160%
•Coverage: 50%
•Maximum Floors: 6
•Maximum Height: 24 metres
Build year: 1990
Plot Title Deed Registration number: 13/3170 with a building permit
Total floors: 5
Frontage area: 23 m
1st unit
Main area size: 340 sqm
Floor: Basement L1
Parking spaces: 3
Exterior storage rooms: 3
2nd unit
Main area size: 30 sqm
Helping area size: 30 sqm
3rd unit
Main area size: 190 sqm
Floor: 1st
Closed offices: 1
4th unit
Main area size: 190 sqm
Floor: 2nd
Closed offices: 1
5th unit
Main area size: 190 sqm
Floor: 3rd
Closed offices: 1
6th unit
Main area size: 106 sqm
Helping area size: 84 sqm
Floor: 4th
7th unit
Main area size: 120 sqm
Helping area size: 120 sqm
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
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
ADDRESS ESTATE AGENTS LTD
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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.