€ 630 000
€ 420 / sqm
1500m2 Factory in Strovolos, Nicosia, Cyprus No. 52503
1 500 sq.m.
Square
Q4 1990
Completion date
Parameters
Property Description
Available for sale: A highly strategic, two-storey leasehold commercial building with office spaces, located in a well-developed and sought-after industrial hub in Nicosia. Positioned perfectly for logistical efficiency, the property enjoys seamless, rapid access to the main motorway network, making it an ideal choice for corporate headquarters, regional distribution, or manufacturing operations.
The versatile layout features a spacious 1,000 sq.m. two-storey main building complemented by a substantial 500 sq.m. basement, all situated on a 1,150 sq.m. parcel. The property falls within a high-density planning zone with 100% density and 60% coverage, offering excellent space utilization. The building holds a Category "C" Energy Class certificate. The active lease expires in late 2047 with a valuable option to renew for an additional 33 years, benefiting from an exceptionally low annual lease agreement. This is a premier investment opportunity tailored for businesses seeking scale, accessibility, and long-term operational security.
Statistics
€ 2 000
Price per sq.m.
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Quality of Life Index
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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
Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.