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COMMERCIAL

Nicosia, Strovolos, Cyprus

€550,000
SLV Estates UK, Limassol
PROPERTY TYPE

Commercial Property

BEDROOMS

9

BATHROOMS

4

SIZE

6,588 sq ft

612 sq m

Key features

  • Bathrooms: 4
  • Bedrooms: 9
  • Floor Levels: 3
  • Kitchen
  • Living/ Dining Area
  • Open Kitchen
  • Tile Floors
  • Unfurnished
  • Veranda

Description

This mixed-use building offers a good investment opportunity with a ground floor shop and mezzanine currently rented, generating a steady income. It is located in Chryseleousa, Strovolos, Nicosia.

Total building size 612sqm
Total floors 3
Total parking spaces 4

The shop has rental agreement that will expire on 31/03/2030. The shop benefits from high foot traffic and excellent visibility.

The three upper floors are vacant flats, one on each level, presenting significant potential for increased rental yield. Each flat is spacious , suitable for residential or even office use. With some refurbishment, these units can attract high-quality tenants, substantially boosting the property's overall yield.
Situated in a central area, this property provides immediate income from the shop and substantial growth potential through the leasing of the flats, ideal for investors seeking a mix of stable returns and high-yield potential

The property falls within Zone Eβ4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.

Nicosia, Strovolos, Cyprus

NEAREST AIRPORTS

Distances are straight line measurements
  • Ercan(Local)
    8.8 miles
  • Larnaka(International)
    25.2 miles
  • Pafos(International)
    57.0 miles
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About the agent

SLV Estates UK, Limassol

8 Mesogi Avenue, Mesogi, Paphos, 8280

SLV Estates UK, Limassol

Welcome to SUNSHINE LUXURY VILLAS LTD, one of the leading Property agents in Cyprus for over 15 years. We have offices in the UK and Cyprus.

Our Company was founded in 1999 by Paul Hann and since then we been involved in selling properties around the whole island of Cyprus and the company has grown from strength to strength. We have also built several projects on the island so our experience is multi faceted.

Sunshine Luxury Villa’s energetic and innovative team run by the owner’s

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Notes

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This is a property advertisement provided and maintained by SLV Estates UK, Limassol (reference AT31007) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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