№ 2,470,977
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Investment project 1,340 m² in Strovolos

2,100,000 €
1,567 € /m²
  • Total area 1,340 m²
  • Yield —
  • Lease term —
  • Constructed  1991
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    Key project parameters
    Total area
    1,340 m²
    Floors
    2
    Constructed 
    1991
    Project description

    The asset is a commercial building in Strovolos municipality, Nicosia district. The building comprises of a ground floor showroom of 550 m² with mezzanine showroom and offices of 275 sqm, a first floor office space of a 515 m² and a basement of 800 m² used as a parking area and storage space. The surrounding area of the asset is developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. Strovolos Avenue is one of the main commercial roads of Nicosia and thus the asset benefits from excellent visibility. The shop enjoys great accessibility to the surrounding areas and Nicosia city centre. The asset falls within two planning zones: -Commercial planning zone Εβ3, with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m. -Residential planning zone Κα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.

    Tenants
    Agreement
    n/a
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    Analysing the needs

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    Developing a strategy

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    Providing transaction support

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    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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      Anna Vorobyeva,
      Head of Commercial Property Department
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