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Investment 715 m² in Strovolos, Cyprus

Strovolos, Cyprus, Greater Nicosia
€1,85M
€2,587/m²
;
Investment 715 m² in Strovolos, Cyprus
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Description Description
Media Media
ID: 2341195
Property ID on Realting
In CRM: 52395
ID of the ad on the website or in the company’s CRM
Last update: 16/07/2024

Location

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  • Country
    Cyprus
  • Region
    Nicosia District
  • City
    Greater Nicosia
  • Town
    Strovolos

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €2,587/m²
  • Total area
    Total area
    715 m²

Building parameters

  • The year of construction
    The year of construction
    2000

Interior details

Cooling:

  • Air conditioner

Interior Features:

  • Internet

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.

Location on the map

Strovolos, Cyprus, Greater Nicosia
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Investment 715 m² in Strovolos, Cyprus
Strovolos, Cyprus, Greater Nicosia
€1,85M
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