Description

A unique investment opportunity in a five-storey building with basement, located in a high demand and low supply areas for commercial and residential properties, in Strovolos Nicosia District. This asset offers a versatile layout, currently in an incomplete state (shell & core), providing a developer or owner-occupier with the opportunity to customize all internal finishes to their specific requirements. Location Strategic Location: The building is situated within walking distance of universities, supermarkets, cafes, and restaurants. This prime location ensures excellent visibility and accessibility. • Building Composition: •Ground Floor Shop: Approx. 227 sq.m. •Mezzanine: Approx. 121 sq.m. •Floors 1–3: Office spaces of approximately 179,5 sq.m. per floor. •4th Floor: A spacious apartment/penthouse of approximately 194,5 sq.m. •Basement: 435 sq.m. comprising parking spaces and auxiliary/storage rooms. •Verandas: Approximately 98 sq.m. of covered outdoor space. 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.