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Commercial Building for sale in Acropolis, Nicosia

Acropolis, Nicosia, Cyprus
Commercial Building for sale in Acropolis, Nicosia 340 Acropolis
5000000 €5,000,000  ($5,288,772)
Commercial Building
Acropolis, Nicosia

€5,000,000  ($5,288,772)

Elit Blue

Elit Blue

Reg. No: 1009 / License No: 460/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $185,107

Average Bank Rate (€5,000,000)
1 USD = 0.9134 EUR
$5,473,879

Mid-market rate (€5,000,000)
1 USD = 0.9454 EUR
$5,288,772

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1191222 (6323)
  • Plot: 1166 sqm

Description

Located in Strovolos, Nicosia, this 4-story commercial building presents a strong investment opportunity. It features a combination of office and retail spaces and is almost entirely let, ensuring a steady rental income.

Office Space (Floors 1-4): All four upper floors of this building are utilized as office space, currently leased, providing a reliable source of rental income.

Ground Floor Retail Units: The ground floor accommodates two retail units. One is currently leased, while the other, which has undergone comprehensive refurbishment, remains vacant and represents a potential additional income stream or customization opportunity.

This commercial building occupies a strategic position, equidistant between Nicosia city center and the entrance to the country's main highway (2 KM each way). It shares proximity with prestigious landmarks, including the Central Bank of Cyprus Headquarters, KPMG Cyprus Headquarters, the Civil Registry & Migration Department, and the Landmark Nicosia.

In summary, this 4-story commercial building in Strovolos, Nicosia, offers a well-located, income-generating investment opportunity. Its strategic position, proximity to key destinations, and rental income potential make it an attractive choice for investors looking to capitalize on the thriving Nicosia real estate market.

For more information or to arrange a viewing, please contact Elit Blue.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€9,908 ($10,480)
If buying on joint names
€9,908 ($10,480)
Transfer fees
If buying as an individual
€196,600 ($207,955)
If buying on joint names
€193,200 ($204,358)

Disclaimer - Property reference 1191222. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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