Prime corner location retail unit, in nicosia center
- Reference number: 20115
- Area: 251 m²
- Type: Shops, showrooms
- Condition: Resale
- Construction year: 2008
- Energy Efficiency: C
- Square meter price: €3.147 /m²
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
o6 in the basement
o7 on the second basement level
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Investment Highlights:
•Current Yield: 5.3% ROI
•Lease Term: Active until November 2030
oIncludes 2% annual rental increases
oOptional 5-year renewal included in agreement
•Ownership: Separate title deed available
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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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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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