Investment Opportunity at a Prime Location in Nicosia Center.
Nicosia, Agioi Omologites
€790,000
251m²
Description
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.
