1500m2 Factory in Strovolos, Nicosia, No. 52503

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.