Property 57813 Strovolos, Nicosia / 49124
Unique investment opportunity in a versatile five-storey building.
Price
2,200,000
Estimated mortgage
7,576
/mo
Key facts
1,516 m²
496 m²
Overview
Property Description
A unique investment opportunity in a five-storey building with basement, located in a high demand and low supply areas for commercial and residential properties, in Strovolos Nicosia District.
This asset offers a versatile layout, currently in an incomplete state (shell & core), providing a developer or owner-occupier with the opportunity to customize all internal finishes to their specific requirements.
Location
Strategic Location:
The building is situated within walking distance of universities, supermarkets, cafes, and restaurants. This prime location ensures excellent visibility and accessibility.
• Building Composition:
•Ground Floor Shop: Approx. 227 sq.m.
•Mezzanine: Approx. 121 sq.m.
•Floors 1–3: Office spaces of approximately 179,5 sq.m. per floor.
•4th Floor: A spacious apartment/penthouse of approximately 194,5 sq.m.
•Basement: 435 sq.m. comprising parking spaces and auxiliary/storage rooms.
•Verandas: Approximately 98 sq.m. of covered outdoor space.
The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.
This asset offers a versatile layout, currently in an incomplete state (shell & core), providing a developer or owner-occupier with the opportunity to customize all internal finishes to their specific requirements.
Location
Strategic Location:
The building is situated within walking distance of universities, supermarkets, cafes, and restaurants. This prime location ensures excellent visibility and accessibility.
• Building Composition:
•Ground Floor Shop: Approx. 227 sq.m.
•Mezzanine: Approx. 121 sq.m.
•Floors 1–3: Office spaces of approximately 179,5 sq.m. per floor.
•4th Floor: A spacious apartment/penthouse of approximately 194,5 sq.m.
•Basement: 435 sq.m. comprising parking spaces and auxiliary/storage rooms.
•Verandas: Approximately 98 sq.m. of covered outdoor space.
The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.
Property Highlights
General Features
Unfurnished
Sustainability / Energy
Energy efficiency rating
Energy data pending
Location
Open in mapsNearby
Airports near the property
45.73 km
108.58 km
Beaches near the property
No nearby places available in this category.
Education
3.03 km
3.29 km
3.76 km
3.77 km
4.31 km
Winery
No nearby places available in this category.
Getting around in Strovolos
2.53 km
5.07 km
5.07 km
5.26 km
5.33 km
5.36 km
5.46 km
5.55 km