Property 2000 Strovolos, Nicosia / 49118
Prime Three-storey Commercial Building With Strong Rental Income.
-50%
Opportunity!
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Nicosia Indicative Price
2,410.67 €This Property
1,200.50 €For Sale • Deal
1,940,000€
Estimated Mortgage
/month
1616
m2
926
Plot m2
Overview
Property Description
Location The property Situated in Strovolos. • The building benefits from high visibility, strong daily traffic flow, and immediate access to cafés, restaurants, retail shops, banks, schools, offices, and main road connections. External Features
• Three-storey commercial building with basement level. • The basement (approx. 600 sq.m.) offers dedicated parking spaces and auxiliary/storage areas, enhancing practicality and convenience. Internal Characteristics
• Ground Floor: Approx. 370 sq.m. • Mezzanine: Approx. 186 sq.m.
• 1st Floor: Whole-floor office of approx. 230 sq.m. • 2nd Floor: Whole-floor office of approx. 230 sq.m.
(currently rented at €2,950/month) The layout allows for commercial or mixed-use utilization, offering flexibility for various business needs. Advantages & Special Features • Immediate rental income of €2,950/month from the 2nd floor
• Strong investment opportunity with stable ROI potential • Prime commercial positioning with excellent exposure • Suitable for owner-occupancy or long-term capital appreciation Note: Pending issuance of Energy Performance Certificate (EPC).
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Unfurnished
Electricity
Water
Location
45.73 kms
108.58 kms
3.03 kms
3.29 kms
3.76 kms
3.77 kms
4.31 kms
4.89 kms
4.91 kms
5.01 kms
5.29 kms
5.43 kms
5.45 kms
5.81 kms
5.83 kms
2.53 kms
5.07 kms
5.07 kms
5.26 kms
5.33 kms
5.36 kms
5.46 kms
5.55 kms
5.61 kms
6.10 kms
6.25 kms
6.39 kms
9.11 kms
Transfer Fees
Transfer Fees Individual
74,200 €
Transfer Fees Joint Names
70,800 €
Stamp Duty
3,788 €