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€790,000 €3,147/m²

251m² Commercial for Sale in Agioi Omologites, Nicosia District

Agioi Omologites, Nicosia district Posted 2 years ago Updated 11 hours ago
2Bathrooms
251 m²Covered area
Pre-OwnedCondition
Kazo Real Estate
Kazo Real Estate Agency · R.N.:694 L.N.:372/E 3,477 for sale · 384 for rent

About this home

An exceptional investment opportunity in Nicosia’s vibrant commercial center, this prime corner retail unit is ideally situated in Agioi Omologites, offering high visibility and excellent accessibility. Property Overview: • Total Built Area: ~251 sq.m. • Energy Category: C • The property has acquired a separate title deed. Layout Details: Ground Floor: • Spacious open-plan layout • Fully equipped kitchen facilities • Storage room • Guest restrooms Mezzanine (Approx. 135 sq.m.): • Additional open-plan space • Men’s and women’s restrooms • Changing rooms • Staff restrooms with shower • Second kitchen • Extra storage space Outdoor Spaces: • Covered Area: 28 sq.m. • Uncovered Area: 120 sq.m. • Exclusive Use of External Pavement: ~148 sq.m. Parking: • Total Covered Spaces: 13 o 6 in the basement o 7 on the second basement level ________________________________________ Investment Highlights: • Current Yield: 5.3% ROI • Lease Term: Active until November 2030 o Includes 2% annual rental increases o Optional 5-year renewal included in agreement • Ownership: Separate title deed available ________________________________________ This asset offers excellent long-term income potential, thanks to a stable lease agreement and flexible usage options, including retail, dining, or showroom operations. The combination of generous indoor and outdoor spaces makes it especially appealing for businesses seeking high-footfall locations in Nicosia’s core.

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Reference
22423
Property type
Other Commercial

What it will really cost

Asking price€790,000
Title transfer fee ~€28,200
Estimated total€818,200
Mortgage estimate
Monthly payment

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

How the price compares

82% above
average

At €3,147/m² compared with an average €1,730/m² across 115 similar listings — other commercial in Nicosia.

INDEX AI found 1 similar listing
Asking price per m²This home
Average €1,730 This home €3,147
€568€2,944€5,319

Same property, other listings Listed 2 times

Location

Agioi Omologites, Nicosia district

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€790,000€3,147/m²
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