Office Unit in Aglantzia, Nicosia

For Sale / EUR 675.000
77775070
or  +357 95598488

Property ID:
VL49193
Office Code:
NEAL
Type:
Office
Floor No.:
2
32
2
242
Area:
Aglantzia
District:
Nicosia
Year Built:
2002
Covered Internal Area:
389 m2
Plot Size:
1.212 m2
Bathrooms:
1
Energy Rating:
E
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DESCRIPTION
Located on the 2nd floor (Door No. 301) in Aglantzia, Nicosia, this entire floor office unit offers a high-quality professional environment.

The unit includes a reception area, multiple office spaces, a kitchen, toilets, covered and uncovered verandas, seven basement parking spaces, and six basement storage rooms.

Currently divided into 12 units:
? 10 units rented
? 2 units available for rent

Rental Income Details:
? Monthly Income: ?3,045
? Annual Return: 5.41% ROI (as per current leases)
? Potential Annual Return: 6.55% ROI (if all units are rented)

Leases:
01/04/2025 - 31/03/2027 ?240
01/04/2025 - 31/03/2027 ?400
01/04/2025 - 31/03/2027 ?385
01/04/2025 - 31/03/2026 ?235
01/05/2025 - 30/04/2027 ?600
01/04/2025 - 31/03/2027 ?235
01/04/2025 - 31/03/2027 ?235
01/04/2025 - 31/03/2027 ?235
01/04/2025 - 31/03/2027 ?225
01/04/2025 - 31/03/2027 ?255

Location:
? Abuts Kyrenias Avenue with 43m frontage (north boundary)
? 950m east of Limassol Avenue

Zoning Information:
? Zone: E?5
? Building Coefficient: 30%
? Coverage: 20%
? Maximum Height: 8.3 meters / 2 floors

Separate title deed in place.

Energy Category: C
MAIN PROPERTY FEATURES
Garage / Designated Parking  
This office in Aglantzia, Nicosia is being offered for sale at EUR 675.000.

To arrange an appointment to view this and any other property from our website, please call or email us directly.

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