1500m2 Factory in Strovolos, Nicosia, Cyprus No. 52503

1500 sq.m.

Square

Parameters

Property Description

Commercial building with an active lease agreement for sale in the industrial area of Strovolos, Nicosia.

The property consists of a two-storey building with a total internal area of approximately 1,000 sq.m., along with a basement of 500 sq.m., situated on a plot of 1,150 sq.m. The building is currently leased, offering immediate rental income and making it an attractive investment opportunity.

The lease agreement is in place until 30/11/2047, with an option for renewal for an additional 33 years, providing long-term income security. The tenant is the Ministry of Energy, Commerce and Industry, ensuring reliability and stability.

The property falls within industrial zone Ββ1, with a building density of 100% and coverage ratio of 60%, allowing for strong development potential.

Located in a well-developed industrial area with easy access to the Nicosia–Limassol highway, the property benefits from excellent connectivity and strategic positioning.

Energy efficiency rating: Category C.

A solid investment opportunity with long-term secured income in one of Nicosia’s key industrial areas.

Statistics

€ 2 000

Price per sq.m.

-

Quality of Life Index

-

Cost of Living Index

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Parameters

Strovolos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 500

Apartment (3 bedrooms) in City Centre

€ 925

Apartment (3 bedrooms) Outside of Centre

€ 850

Buy Apartment Price

Price per square metre in the city centre

€ 2 000

Price per square metre outside the city centre

€ 2 000

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+ VAT

1500m2 Factory in Strovolos, Nicosia, Cyprus No. 52503

1500m2 Factory in Strovolos, Nicosia, Cyprus No. 52503

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