Three-storey building in Strovolou Avenue, Strovolos, Nicosia | Photo 1
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About this property

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).

General Information

Property Type
Building
Property Subtype
Mixed-use Building
Construction Date
2002
Floor Number
-1
Total Floors
3
Furnishing
Unfurnished

Areas

Total Area
1616 m²
Plot Area
926 m²

Parking

Total Parking
15

Location

Nicosia, Strovolos, Agios Vasileios

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