Property 2000 Strovolos, Nicosia / 49282
Prime Mixed-use Building In A Central Location.
For Sale • Deal
1,454,000€
Estimated Mortgage
/month
976
m2
456
Plot m2
Overview
Property Description
Location • The property is ideally situated in one of the capital’s most central and commercial streets. • The location offers excellent visibility, accessibility, and immediate proximity to numerous amenities and services. Asset Characteristics
This five-storey mixed-use building with mezzanine and basement comprises:
• Ground Floor:
- o One retail shop (30 sq.m.) with 30 sq.m.
- mezzanine
- o One retail shop (120 sq.m.) with 120 sq.m.
- mezzanine
• 1st–3rd Floors:
- o Each floor approx.
- 190 sq.m., divided into two offices of 95 sq.m.
- each
• 4th Floor:
- o Two-bedroom penthouse (106 sq.m.
- internal area & 84 sq.m.
- uncovered verandas)
• Basement:
- o Approx.
- 340 sq.m., including parking spaces and storage areas
- The property falls within Planning Zone Eβ3 (160% density, 50% coverage, 6 floors, 24m height).
- Advantages & Special Features
- • Prime central commercial location
- • Mixed-use asset (retail, offices & residential)
- • On-site parking and storage facilities
- • Current rental income: €61,568 (4.1% yield)
- • Potential rental income upon full tenancy: €92,168 (6.2% yield)
- • Immediate upside from vacant offices and penthouse
- A strong income-producing asset with further growth potential in one of Nicosia’s most established commercial areas.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Unfurnished
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
54,760 €
Transfer Fees Joint Names
51,360 €
Stamp Duty
2,816 €