€7,350,000
Other , Strovolos, Nicosia
Condition
Resale
Features
Property description
Location • Situated in a prime commercial corridor of Strovolos, this property boasts exceptional visibility and accessibility within one of Nicosia's most dynamic business districts. • The building enjoys a strategic position on the prominent Athalassas Avenue, placing it at the very heart of the capital's commercial and financial activity. • Immediate proximity to major arterial roads, including Limassol Avenue and Strovolou Avenue, ensures effortless connections to the city centre and the national highway network. • A wealth of amenities surrounds the property, including professional services, government offices, major corporate headquarters, cafes, and diverse dining options for staff and clients. • Its central location offers a prestigious business address, attracting high-calibre tenants and reinforcing a strong corporate image for any occupying enterprise. External Features • This substantial six-storey commercial building presents a modern and professional facade, commanding an impressive presence with extensive road frontage on two streets. • The structure is well-positioned on a generous 794 square metre plot, optimising its footprint while maintaining a prominent and easily identifiable location. • Two expansive basement levels are dedicated entirely to secure parking, providing an exceptional capacity for approximately thirty-five vehicles for staff and visitors. • The building’s architectural design from 2002 reflects a functional and enduring commercial style, suitable for a headquarters or multi-tenant professional use. • Direct access from a major avenue ensures high traffic exposure and convenient entry, which is a significant advantage for any client-facing business operation. Internal Characteristics • Spanning a total covered area of 2,150 square metres, the interior offers a versatile combination of private offices and spacious open-plan work areas. • A passenger elevator services all floors, from the dual basement parking levels to the top floor, ensuring convenient and accessible movement throughout the entire building. • Each of the primary office floors is thoughtfully configured with its own kitchen, dining area, server room, and toilet facilities, promoting a self-contained work environment. • The layout includes a variety of meeting rooms and large conference rooms, particularly on the upper floors, catering to diverse corporate and executive functions. • The ground floor and mezzanine are perfectly arranged for a flagship retail or client-service operation, featuring a large reception area and multiple partitioned offices. Advantages - Special Features • This property represents an outstanding investment opportunity, offering a significant commercial asset in a highly sought-after, high-yield location with consistent rental demand. • The building's configuration allows for remarkable flexibility, making it ideal for a single corporate headquarters or for leasing individual floors to multiple tenants. • An immediate income stream is secured through a proposed lease agreement for the ground floor and mezzanine, providing a stable financial foundation for the new owner. • With its substantial size, premier location, and extensive private parking, the building holds a distinct competitive advantage in Nicosia's commercial property market. • A separate title deed is in place for the property, ensuring a straightforward and secure transaction process for the prospective buyer.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Beta feature — indicative estimates only, not financial or legal advice.
Beta — mortgage estimates only
Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.
Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.
First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.
Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.
Use only if the planning-permit and declaration deadlines apply.
- Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
- Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
- No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
- Mortgage registration is estimated at 1% of the mortgage amount.
- Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
- ID/passport, proof of address, tax details, and source-of-funds evidence.
- Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
- Sales agreement, valuation, title deed or planning documents, insurance, and deposit proof.
- Ask the bank which first-home products and documents apply.
Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.