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FOR SALE
Investment Opportunity at a Prime Location in Nicosia Center.
#20115Nicosia, Nicosia-Dimos-Lefkosias-Agioi-Omologites
251 sqm
13 parking spaces
2008
Property
Description of the property
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.
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.
*The property is owned by Themis Portfolio Management Holdings Limited.
*The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.
*Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.
Extra information
GENERAL
Completion status
Completed
BUILDING
Build year
2008
Total floors
1
Total parking spaces
13
UNIT
Main area size
251 sqm
Helping area size
135 sqm
View
City
Kitchens
2
Bathrooms
2
WCs
5
Parking spaces
13
Energy class
C
Planning characteristics
Affected percentage100%
Max coverage ratio0.7
Max density ratio2.5
Planning zoneΠΕΖ
TypesResidential
Land registration and location details
Location:Nicosia,Dimos Lefkosias,Agioi Omologites
Plot number:935
Registration number:0/15938
Documents
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