1463m² Building for Sale in Engomi, Nicosia District

ID: 8583515
Posted: 2 weeks ago
Modified: 2 weeks ago

5+
Pre-Owned
1463m²
1990 and older

€1 450 000

Price per m²

€991/m²

Title Deed

Has Title

Title Transfer Fee

~€54,600

Ref. #: 60666
Plot area: 558m²

Air Conditioning: Yes
Safety and Security: Alarm

Air Сonditioning

A six-floor commercial building for sale in Egkomi, Nicosia.
This property offers a mix of office spaces across multiple floors, currently generating solid rental income with excellent potential for growth.The building has a total of 5 floors.
The basement, Ground Floor & 1st Floor: Merged commercial units, fully rented and they have a total area : 627sq.m.
The 2nd Floor consists of two offices which are both rented and have a total area : 209 sq.m.
3rd Floor has one office which is rented with a total area : 209 sq.m.
The 4th Floor and 5th floors are identical and consists of two offices of total area : 209 sq.m
Offices on 4th floor 1 rented and 1 vacant and on 5th floor both offices are rented.Investment Highlights:• Current Annual Return: 5.45% ROI based on existing leases• Potential Annual Return: 6.03% ROI if fully leased
Ideal for investors seeking steady rental income and value appreciation in a strategic commercial location.
Energy Performance Certificate pending

Still have questions? Reach out to listing owner.

Can I rent it out? What is the internal area? How big is the covered veranda? What is the energy source? What is the maximum number of floors allowed? What is the maximum height of the property?

Minucipality: Engomi
District: Nicosia

€1 450 000

Price per m²

€991/m²

Title Deed

Has Title

Title Transfer Fee

~€54,600

1st Class Homes

Agency
R.N.:690 L.N.:367/E

Sale: 6868 ads
Rent: 0 ads

+357 25 123-xxx

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1463m² Building for Sale in Engomi, Nicosia District

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