Mixed-use Building - Strovolos, Nicosia

Description

A two-story mixed-use building located in the Chryseleousa Quarter of Strovolos, in a popular and well-developed residential area with easy access to the city center.

📍 Location
• Approximately 355 m east of Makarios Stadium
• Approximately 365 m west of Archbishop Makarios Technical School

The area offers immediate access to all amenities and services, making it highly convenient for both residential and commercial use.

🏗️ Property Overview
• Year of Construction: circa 1988
• Building consists of: Basement + Ground Floor Shop with Mezzanine + Upper Floor Residence
• Adjacent to a green area along its eastern boundary

📐 Basement (Approx. 278 sq.m.)
• Open-plan space used as parking area
• Partially converted into a studio

🏢 Ground Floor Shop (Approx. 260 sq.m. + 25 sq.m. covered verandas)
• Two offices
• Two auxiliary office spaces
• Kitchen
• Sanitary areas with shower
• Workshop area

📐 Mezzanine (Approx. 128 sq.m.)
• Auxiliary space converted into two studios

🏡 First Floor Residence (Approx. 183 sq.m. + 51 sq.m. covered verandas)
• Living room & dining area
• Separate kitchen
• Office space
• Laundry room
• Guest W/C
• Bathroom with toilet
• Three (3) bedrooms
• Master bedroom with en-suite shower & toilet
• Fireplace

💰 Investment Highlights
• Mixed-use property with multiple income streams potential
• Currently in process of obtaining vacant possession (freehold)
• Expected to be delivered vacant by 31/07/2026
• In the meantime, rental income of €1,500/month

✨ An ideal investment opportunity combining residential and commercial use in a prime Strovolos location.

Reference: K38839A