(For Sale) Commercial Building || Nicosia/Egkomi - 1.463 Sq.m, 1.450.000€

Features

  •  Offices:
  •  WC:
  •   Floor:
  •   WC:
  •   Building Year: 1969
  •   Parkings:

Area: Egkomi
Subarea:
Price: 1,450,000€
Covered area +/-: 1463 Sq.m
Category: Commercial
Type: Building
Status:
Price/Sq.m: 991€
In plot/With garden (Sq.m):
View:
Heating:
Levels:
Air:
Air Price:
Code: 1839539
Code: 38023
 

Additional Features

 

Description

For Sale Building, Egkomi, 1.463 sq.m., Floors: Tiles, Dours: Aluminum, Building Year: 1969, Certificate Energy: Under publication, Feautures: Price Negotiable, Price: 1.450.000€ Panicos L Stavrinou estate agent ltd, Register estate agent r.n 497 L/n 166ε Τel: 0035722442210, 0035799666703, www.stavrinos-estates.com
 

Additional Information

Presenting a versatile six-floor commercial building located in the thriving business district of Egkomi, Nicosia. This property offers a mix of office spaces across multiple floors, currently generating solid rental income with excellent potential for growth.

Building Overview:
• Basement, Ground Floor & 1st Floor: Merged commercial units, fully rented
o Total area: 627sq.m.
• 2nd Floor: Two offices, both rented
o Total area: 209sq.m.
• 3rd Floor: One office, rented
o Total area: 209sq.m.
• 4th Floor: Two offices, 1 rented and 1 vacant
o Total area: 209sq.m.
• 5th Floor: Two offices, both rented
o Total area: 209sq.m.

Investment Highlights:
• Current Annual Return: 5.45% ROI based on existing leases
• Potential Annual Return: 6.03% ROI if fully leased

Zoning & Construction:
• Zoned under dual zones:
o Eβ3 (96%) – Building coefficient: 160%, coverage: 50%, permitted 6 floors (24m)
o Eβ4 (2%) – Building coefficient: 140%, coverage: 50%, permitted 4 floors (17m)

Additional Information:
• Energy Performance Certificate pending
• Ideal for investors seeking steady rental income and value appreciation in a strategic commercial location.

Map

Property's Statistics

Published date: 01 Aug, 2025
Update date: 01 Aug, 2025
Total visitors:
 

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logo (For Sale) Commercial Building || Nicosia/Egkomi - 1.463 Sq.m, 1.450.000€



Features

Area: Egkomi
Subarea:
Price: 1,450,000€
Sq.m: 1463
Category: Commercial
Type: Building
Status:
Price/Sq.m: 991€
Offices:
WC:
Bathrooms:
Floor:
Building Year: 1969
In plot/With garden (Sq.m):
View:
Parkings
Heating:
Levels:
ID code: 1839539
Code: 38023
 

Description

For Sale Building, Egkomi, 1.463 sq.m., Floors: Tiles, Dours: Aluminum, Building Year: 1969, Certificate Energy: Under publication, Feautures: Price Negotiable, Price: 1.450.000€ Panicos L Stavrinou estate agent ltd, Register estate agent r.n 497 L/n 166ε Τel: 0035722442210, 0035799666703, www.stavrinos-estates.com
 
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