Three Story Building - Strovolos, Nicosia

Description

This three-storey commercial building offers an excellent investment opportunity, ideal for generating stable rental income or achieving long-term capital appreciation. Its versatile layout makes it suitable for commercial or mixed-use purposes, providing flexibility to maximize returns.

📊 Building Composition
• 🏬 Ground Floor: approx. 370 sq.m.
• 🏢 Mezzanine: approx. 186 sq.m.
• 💼 1st Floor: Whole-floor office space approx. 230 sq.m.
• 💼 2nd Floor: Whole-floor office space approx. 230 sq.m. (currently rented)
• 🚗 Basement: approx. 600 sq.m., providing dedicated parking spaces and auxiliary rooms

💰 Investment Highlight
• 🏢 The 2nd floor is currently rented, generating €2,950 per month in rental income.
• 📈 This provides immediate return on investment (ROI), making the asset particularly attractive for income-focused investors.

📍 Prime Location
The property is strategically positioned on Strovolou Avenue, one of Nicosia’s busiest commercial roads, within the well-established Agios Vasilios quarter.

Key Location Advantages:
• 👀 High Visibility: Located on a high-traffic commercial avenue with strong daily exposure
• ☕ Excellent Connectivity: Immediate access to cafés, restaurants, retail shops, banks, and essential services
• 🚗 Accessibility: Close to schools, offices, and residential neighborhoods, with easy connections to main roads and transport networks

Reference: K45999AL