€2,850,000 €1,295/m²

2200m² Building for Sale

Posted 1 month ago Updated 1 month ago 8 views
2,200 m²Covered area
Pre-OwnedCondition
CoveredParking
Class BEnergy
Casa Mare Agency · Reg. 849 · Licence 169/E 298 for sale · 169 for rent

About this home

Property Reference: 1-1711 Strovolos, Nicosia – Fully Rented Commercial Building for Sale

An entire commercial building is available for sale, fully rented to reliable tenants under long-term lease agreements, offering a stable and attractive investment return<strong data-start="245" plot="" size:="" Plot size: 504 sq.m.
Total covered area: approximately 2,200 sq.m.
Basement Level -2: 500 sq.m.
Basement Level -1: 500 sq.m.
Ground Floor: 252 sq.m.
Mezzanine: 135 sq.m.
1st Floor: 250 sq.
2nd Floor: 196 sq.m.
3rd Floor: 180 sq.m.
4th Floor: 196 sq.m.
20 covered parking spaces

The commercial spaces have been fully renovated and provide a modern and functional working environment.
Features include:
Raised flooring
LED lighting
VRV air-conditioning system
Kitchen, toilets
An excellent investment opportunity in Strovolos, in a prime location with easy access to the motorway and Nicosia city centre.The sale can be structured through an SPV (Special Purpose Vehicle), with no property transfer fees or VAT under the proposed transaction structure.The building has Final Approval and a separate title deed is available.

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Reference
1-1711
Property type
Building
Furnishing
Unfurnished
Parking
Covered, Yes
Air conditioning
Partial, Yes
Energy efficiency
B

What it will really cost

Asking price€2,850,000
Title transfer fee ~€110,600
Estimated total€2,960,600
Mortgage estimate
Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

Location

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€2,850,000€1,295/m²
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