Three-storey building in strovolou avenue, strovolos, nicosia
- Αριθμός αναφοράς: 45999
- Εμβαδόν: 1616 m²
- Τύπος: Μικτή χρήση
- Κατάσταση: Μεταπώληση
- Έτος κατασκευής: 2002
- Ενεργειακή Απόδοση: N/A
- Square meter price: €1.200 /m²
This three-storey building presents a prime investment opportunity, ideal for generating stable rental income or long-term capital appreciation. Its versatile design makes it suitable for commercial or mixed-use purposes, offering significant flexibility to maximize returns.
Building Composition:
•Ground Floor: Approximately 370 sq.m.
•Mezzanine: Approximately 186 sq.m.
•1st Floor: Whole-floor office space of approximately 230 sq.m.
•2nd Floor: Whole-floor office space of approximately 230 sq.m. (Currently rented at €2,950/month).
•Basement: Approximately 600 sq.m., accommodating dedicated parking spaces and auxiliary rooms.
Investment Highlight:
The 2nd floor is currently income-generating, providing an immediate monthly rental income of €2,950. This makes the asset particularly attractive to investors seeking an immediate return on investment (ROI).
Prime Location:
The asset is ideally positioned on Strovolou Avenue, one of Nicosia's highest-traffic commercial arteries, within the well-established Agios Vasilios quarter.
Key Location Highlights:
•High Visibility: Exceptional daily traffic flow and a strong business presence.
•Connectivity: Immediate access to cafés, restaurants, retail shops, banks, and essential services.
•Accessibility: Close proximity to schools, offices, and residential neighborhoods, with easy links to main roads and transport networks.
Note: Pending issuance of Energy Performance Certificate (EPC).
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.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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