Three-storey building in Strovolou Avenue, Strovolos, Nicosia – id S45999

This three-storey building presents a prime investment opportunity, ideal for generating stable rental income or long-term capital appreciation. Its versatile design makes it suitable for commercial or mixed-use purposes, offering significant flexibility to maximize returns.andlt;brandgt; andlt;brandgt; Building Composition:andlt;brandgt; •Ground Floor: Approximately 370 sq.m.andlt;brandgt; •Mezzanine: Approximately 186 sq.m.andlt;brandgt; •1st Floor: Whole-floor office space of approximately 230 sq.m.andlt;brandgt; •2nd Floor: Whole-floor office space of approximately 230 sq.m. (Currently rented at €2,950/month).andlt;brandgt; •Basement: Approximately 600 sq.m., accommodating dedicated parking spaces and auxiliary rooms.andlt;brandgt; andlt;brandgt; Investment Highlight:andlt;brandgt; The 2nd floor is currently income-generating, providing an immediate monthly rental income of €2,950. This makes the asset particularly attractive to investors seeking an immediate return on investment (ROI).andlt;brandgt; andlt;brandgt; Prime Location:andlt;brandgt; The asset is ideally positioned on Strovolou Avenue, one of Nicosia’s highest-traffic commercial arteries, within the well-established Agios Vasilios quarter.andlt;brandgt; Key Location Highlights:andlt;brandgt; •High Visibility: Exceptional daily traffic flow and a strong business presence.andlt;brandgt; •Connectivity: Immediate access to cafés, restaurants, retail shops, banks, and essential services.andlt;brandgt; •Accessibility: Close proximity to schools, offices, and residential neighborhoods, with easy links to main roads and transport networks.andlt;brandgt; andlt;brandgt; Note: Pending issuance of Energy Performance Certificate (EPC).andlt;brandgt; andlt;brandgt; The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.