#9789
For Sale, Commercial building in Strovolos, Nicosia
€5,000,000
#9789
For Sale, Commercial building in Strovolos, Nicosia
€5,000,000
1,159m²
4
1,159m²
4
Resale
Income-generating Investment Opportunity
Located in Strovolos, Nicosia, this 4-storey commercial building with roof garden, presents a strong investment opportunity. It features a combination of office and retail spaces and is almost entirely let, ensuring a steady rental income.Office Space (Floors 1-4): All four upper floors of this building are utilized as office space, currently leased, providing a reliable source of rental income.
Ground Floor Retail Units: The ground floor accommodates two retail units. One is currently leased, while the other, which has undergone comprehensive refurbishment, remains vacant and represents a potential additional income stream or customization opportunity.
This commercial building occupies a strategic position, equidistant between Nicosia city center and the entrance to the country's main highway. It shares proximity with prestigious landmarks, including the Central Bank of Cyprus Headquarters, KPMG Cyprus Headquarters, the Civil Registry & Migration Department, and the Landmark Nicosia.
In summary, this 4-storey commercial building in Strovolos, offers a well-located, income-generating investment opportunity. Its strategic position, proximity to key destinations, and rental income potential make it an attractive choice for investors looking to capitalize on the thriving Nicosia real estate market.
Property Info
9789
€5,000,000
Nicosia
Details
Building Type:
Commercial Building
Construction Stage:
Resale
Baths:
4
Covered Parking:
27
No. of Floors in building:
4
Construction Type:
Concrete
Areas
Covered Area:
1,159m²
Plot Area:
1,166m²
Main Features
Air Condition:
Conference:
Resale:
Mortgage Calculator
Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.
