Investment 715 m² in Strovolos, Cyprus
Strovolos, Cyprus, Greater Nicosia
€1,85M
€2,587/m²
Location
Property characteristics
Property parameters
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Price per m²€2,587/m² -
Total area715 m²
Building parameters
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The year of construction2000
Description
Commercial building in an excellent location in Strovolos, which is considered one of the busiest Avenues of Nicosia.
The building is in a very good condition and consists of two basements with parking spaces, two ground floor shops with mezzanine level and offices on the upper floor. The area of the shops is 300 sqm, the mezzanine 155 sqm, the offices 250 sqm and the basements 1,100 sqm.
The property is rented for 6,780 Euros/month with a return of 4.4%. One office on the 1st floor is vacant.
It needs to be noted that the property falls within the commercial zone Εβ3 which allows for a building factor of 160%, and for the construction of a six-storey building.
Updated at: 16/07/2024
Location on the map
Strovolos, Cyprus, Greater Nicosia
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