Prominent three-storey commercial building with mezzanine and basement located on Strovolou Avenue in the Agios Vasileios quarter of Strovolos, Nicosia, offering an excellent investment opportunity with immediate rental income and strong visibility. The property sits on a 926 sq.m. plot with approximately 56m frontage and comprises a total building area of around 1,616 sq.m., including a 370 sq.m. ground floor, 186 sq.m. mezzanine, two whole-floor office spaces of approximately 230 sq.m. each (1st and 2nd floors), and a 600 sq.m. basement providing parking and auxiliary areas.

The building benefits from 22 parking spaces and elevator access to the basement, enhancing functionality for commercial tenants. The second-floor office is currently leased at €2,950 per month, providing immediate rental income, while the remaining areas offer strong potential for additional leasing or owner-occupation. Strategically positioned on one of Nicosia’s busiest commercial avenues, the property enjoys excellent visibility, high daily traffic flow, and immediate access to cafés, restaurants, retail shops, banks, and essential services, as well as convenient connectivity to surrounding residential neighborhoods and main road networks.

The asset is held through company shares and maybe purchased with no transfer fees.

Connect with Monday Square and find a better addition to your portfolio!