Offers in region of

£1,678,883

€1,940,000

Land for sale
Strovolos, Nicosia, Cyprus

    • 1 reception

Unfurnished
Added on 13/03/2026

About this property

  • Listing id:

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Online viewing available.\nThis 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 cafes, restaurants, retail shops, banks, and essential services.
•Accessibility: Proximity to schools, offices, and residential neighborhoods, with easy links to main roads and transport networks.

22 parking spaces
Year Built: 2002
Frontage area: 56 m

1st unit
Main area size: 600 sqm
Floor: Basement L1
Parking spaces: 15
Interior storage rooms: 1

2nd unit
Main area size: 370 sqm
WCs: 1
Parking spaces: 7
Interior storage rooms: 1

3rd unit
Main area size: 186 sqm
Floor: 1st
WCs: 1
Interior storage rooms: 1

4th unit
Main area size: 230 sqm
Floor: 1st
WCs: 1
Interior storage rooms: 1

5th unit
Main area size: 230 sqm
Floor: 2nd
WCs: 1
Interior storage rooms: 1

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