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Building in Strovolos, Nicosia

Ref No: 4348 OFFER ACCEPTED

€ 2,350,000 (-9.62%) € 2,600,000

Description

The asset is a commercial building in Strovolos located 680m from European University and 3.6km from Nicosia city center. The asset consists of three open plan office floors and was recently renovated with structured cabling, central VRV system, alarm system, fire system and controlled access. The asset is built on a land area of 1608sqm, has a total covered area of 1620sqm and provides 20 parking spaces. It offers great proximity to Nicosia city center and is close to foreign embassies, private universities, hospital and a big exhibition center. The asset is currently occupied and provides excellent opportunity for investment offering long-term steady yield.

Owner: Asendo Properties LTD (an SPV of Gordian Holdings Ltd).

Main Features

20
VAT
No
Occupied
Yes
Status
For sale
Floors
3

Other Features

Land Registry

District
Nicosia
Community
Strovolos Municipality
Reg. No.
0/9738
Sheet/Plan
21-53E2
Parcel
1360
Zone
Κα8

Areas

Covered Area
1,530 m2

Town Planning

Town planning zone
Commercial
Building density
60 %
Coverage ratio
35 %
Max floors
2
Max height
10 m

Legal disclaimer

The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

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