Five Story Building with basement - Chryseleousa, Nicosia

Description

A unique investment opportunity in the highly sought-after Chryseleousa Quarter of Strovolos, an area characterized by strong commercial demand and limited property supply.

This five-storey mixed-use building with basement is currently in incomplete (shell & core) condition, offering the advantage of customizable interior finishes, allowing developers or owners to tailor the space to their specific requirements.

📊 Building Composition
• 🏬 Ground Floor Shop: approx. 227 sq.m.
• 🏢 Mezzanine: approx. 121 sq.m.
• 💼 Floors 1–3: Office spaces of approx. 179 sq.m. per floor
• 👑 4th Floor: Spacious penthouse apartment of approx. 194 sq.m.
• 🚗 Basement: approx. 435 sq.m., including parking spaces and storage/auxiliary rooms
• 🌿 Verandas: approx. 98 sq.m. of covered outdoor space
• 🏛️ Common Areas: approx. 111 sq.m.

📍 Strategic Location
The building is within walking distance of universities, supermarkets, cafés, and restaurants.
• 📍 Approx. 100m southeast of Griva Digeni Avenue
• 📍 Approx. **200m southwest of the Prodromou and Vyzantiou intersection

This prime position ensures high visibility, excellent accessibility, and strong commercial appeal.

💼 Investment Advantage
The property is held within a Special Purpose Vehicle (SPV).
✔️ No Transfer Fees
✔️ No VAT applicable when acquiring the company shares

Reference: K45994AL