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11+ years old

Property Features

Air Condition
Alarm

Property Description

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

I am interested about this property