€420,000
Building
Covered: 496m²
Plot: 477m²
Nicosia, Strovolos

Building in Strovolos For Sale - Ref. BC15630


MIXED-USE BUILDING WITH SHOPS AND APARTMENTS IN NICOSIA
HIGH ROAD FRONTAGE AND PRIME COMMERCIAL VISIBILITY
VACANT PROPERTY WITH EXCELLENT INVESTMENT POTENTIAL

REDUCED PRICE FROM 510K TO 420K

This mixed-use building is situated in a high-visibility, high-traffic area of Nicosia, along a well-known commercial avenue with excellent access to the city centre. Set on a 477 sq.m. plot with a 29-meter road frontage, the property offers strong potential for both commercial and residential use, making it an ideal investment for those seeking income-generating opportunities in a prime urban setting.

The building comprises two spacious ground-floor retail units, each with an internal area of 120 sq.m., perfectly suited for shops, showrooms, or office use. The first floor features two generously sized apartments, each offering 128 sq.m. of internal space—ideal for residential leasing or owner occupation. A 130 sq.m. basement provides additional space for storage or support facilities.

All units are currently vacant, giving the new owner flexibility to renovate, lease, or repurpose according to their business or investment strategy. With excellent proximity to schools, services, and everyday amenities, this property offers a strategic blend of commercial exposure and residential appeal in one of the capital’s most dynamic districts.

Strovolos is one of the most sought-after and well-developed municipalities in Nicosia, offering a perfect blend of residential comfort and urban convenience. Known for its excellent infrastructure, Strovolos provides easy access to top schools, shopping centres, healthcare facilities, and major roadways. Its central location and vibrant community make it a prime choice for both living and investment.

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. 

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.

Airport 45 minutes
Amenities: Walking Distance
International school 15 minutes
Local School Nearby
Reduced
Town: 5 min drive

HAVE ANY QUESTIONS OR WANT TO ARRANGE A VIEWING?

PROPERTY INQUIRY

TRANSFER FEES

€13,400
IF BUYING AS AN INDIVIDUAL
€10,000
IF BUYING ON JOINT NAMES
Please note that the above calculations are an indication of your tax liability when buying a property in Cyprus for €420,000. The Cyprus Land Registry calculations may based on thier own property valuation price not reported sale price and therefore fees might differ to what is shown above.
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