- 27,285,000 €
- 4.7% yield
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.
If this property wasn’t for you, take a look at other investment property for sale in Strovolos.
All ads in the country: investment property for sale in Cyprus.
We use a methodology that enables us to formulate requests and find good deals in the market
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
We can take over the management of your property or recommend a suitable management company
We will arrange a visit to the site to view one or more projects
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
We select ads that may interest you.