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 facts
- Property reference49124
- Property typeCommercial
- Property statusrent
- Price€ 2,200,000
- Bedrooms0
- Bathrooms0
- BuiltN/A
- LocationOther, Strovolos, Cyprus
- Price text2,200,000 EUR
- Numeric price2,200,000 EUR
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Agency
FOX - Nicosia Office
City
Other
Region
Strovolos
Country
Cyprus
Source
HME/propertyfeed