Exceptional Investment Opportunity

Nicosia

€ 1,550,000

770 m2 Area
567 m2 Land

Property Ref: #12938

Property Description

Positioned in Strovolos, this exceptional commercial building presents a rare investment opportunity in Prime Strovolos. Designed with contemporary architecture the property has been constructed to the highest standards using premium-quality materials throughout. The building comprises a basement, a prominent ground floor retail showroom with a mezzanine, and two modern office floors, all fully leased to established tenants, ensuring an immediate, stable, and attractive rental income. This turnkey asset is an ideal acquisition with strong investment performance,, long term capital appreciation, and enduring value.

Property Features

Type

Building

Status

Resale

Area

770 m2

Land

567 m2

Storeys

3

Parking

1

Year

2010

Energy

A

Even More Info

Air Condition

Alarm System

Basement

Elevator

Fitted Kitchen

Garage

Intercom System

Modern Architecture

Parking Covered

Parking Uncovered

Solar Water Heaters

Storage Room

Title Deed

Location

Strovolos, Nicosia

CURRENT ASKING PRICES PRICES IN STROVOLOS

AVERAGE PRICES TODAY

Flat Price
€ 319,438
House Price
€ 1,256,789
Residential Plot Price
€ 698,976

% PROPERTY TYPES

10 % Houses
22% Plots
69% Flats

% BEDROOMS

6% 1 Bed Flat
52% 2 Bed Flat
32% 3 Bed Flat
1% 3 Bed House
6% 4 Bed House
3% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 174,777
2 Bed Flat
€ 286,774
3 Bed Flat
€ 392,957
3 Bed House
€ 400,000
4 Bed House
€ 997,666
5 Bed House
€ 1,570,000

PRICE RANGE

Flats:
€ 162,000 - € 550,000
Houses:
€ 370,000 - € 4,200,000
Residential Plots:
€ 140,000 - € 5,800,000