Property photos
Just added
Offers in region of
£1,267,973
€1,450,000
Retail premises for sale
Egkomi, Nicosia, Cyprus1 reception
Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
- Unfurnished
- Listing id: 1889463
- Online viewing available. Request details for a live walkthrough.
Online viewing available.\nPresenting a versatile six-floor commercial building located in the thriving business district of Egkomi, Nicosia. This property offers a mix of office spaces across multiple floors, currently generating solid rental income with excellent potential for growth.
Building Overview:
• Basement, Ground Floor & 1st Floor: Merged commercial units, fully rented
o Total area: 627sq.m.
• 2nd Floor: Two offices, both rented
o Total area: 209sq.m.
• 3rd Floor: One office, rented
o Total area: 209sq.m.
• 4th Floor: Two offices, 1 rented and 1 vacant
o Total area: 209sq.m.
• 5th Floor: Two offices, both rented
o Total area: 209sq.m.
Investment Highlights:
• Current Annual Return: 5.45% ROI based on existing leases
• Potential Annual Return: 6.03% ROI if fully leased
Zoning & Construction:
• Zoned under dual zones:
O Eβ3 (96%) – Building coefficient: 160%, coverage: 50%, permitted 6 floors (24m)
o Eβ4 (2%) – Building coefficient: 140%, coverage: 50%, permitted 4 floors (17m)
Additional Information:
• Energy Performance Certificate pending
• Ideal for investors seeking steady rental income and value appreciation in a strategic commercial location.
You can tour this property via live video chat. We perform video walkthroughs via your favorite mobile chat app (Whatsapp or Viber). Request a viewing now.
Building Overview:
• Basement, Ground Floor & 1st Floor: Merged commercial units, fully rented
o Total area: 627sq.m.
• 2nd Floor: Two offices, both rented
o Total area: 209sq.m.
• 3rd Floor: One office, rented
o Total area: 209sq.m.
• 4th Floor: Two offices, 1 rented and 1 vacant
o Total area: 209sq.m.
• 5th Floor: Two offices, both rented
o Total area: 209sq.m.
Investment Highlights:
• Current Annual Return: 5.45% ROI based on existing leases
• Potential Annual Return: 6.03% ROI if fully leased
Zoning & Construction:
• Zoned under dual zones:
O Eβ3 (96%) – Building coefficient: 160%, coverage: 50%, permitted 6 floors (24m)
o Eβ4 (2%) – Building coefficient: 140%, coverage: 50%, permitted 4 floors (17m)
Additional Information:
• Energy Performance Certificate pending
• Ideal for investors seeking steady rental income and value appreciation in a strategic commercial location.
You can tour this property via live video chat. We perform video walkthroughs via your favorite mobile chat app (Whatsapp or Viber). Request a viewing now.
Floor plans and tours
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
ADDRESS ESTATE AGENTS LTD
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Property descriptions and related information displayed on this page are marketing materials provided by - ADDRESS ESTATE AGENTS LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact ADDRESS ESTATE AGENTS LTD for full details and further information.