Commercial Building in Strovolos, Nicosia

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Investment Highlights

Title Deed: Yes
Ownership: 100%
Tile Deed Reg.No.: 0/9738
Asset Category: Commercial
Property Type: Building
Occupancy: Occupied
Area: 1.530 sqm
GPS Coordinates: 35.154665, 33.333163
For Sale Price: €2.350,000



This asset is commercial building in Strovolos, Nicosia. The asset is adjacent to Egaleo Street, c. 90m east of Archangelos Michael Avenue, c. 680m southwest of European University, and c. 80m south of DIAS Group building.

The asset comprises of three open plan office floors of 510sqm each, which were recently renovated with structured cabling, central VRV system, alarm system, fire system and controlled access. There is access to the whole building through an elevator and two staircases.

The immediate area of the property comprises commercial, residential and mixed-use buildings and enjoys easy access to the Nicosia city centre.

The asset is currently leased. The asset falls within residential planning zone Κα8, with building density coefficient of 60%, coverage coefficient 35%, in 2 floors and a maximum height of 10m. Owner: Asendo Properties Ltd.