Building In Agioi Omologites, Nicosia City Center

Nicosia, Cyprus
Asking Price: $3,481,808 (€2,970,000 EUR)
Real Estate Details
Listed on Nov 20, 2023(Renewed on Jul 1, 2024)

The property is a six-storey commercial building in Agioi Omologites, Nicosia municipality. It is located in one of the most central commercial locations of Nicosia on the corner of Gerasimou Markora and Andrea Michalakopoulou streets, 120m from Spyrou Kyprianou avenue.
The ground floor consists of a retail store with a mezzanine. The upper five floors are similar each consisting of office space, a kitchenette and toilets. The building has a covered area of 1,060sqm, covered verandas of 94sqm, a mezzanine of 117sqm, uncovered verandas of 64sqm and a basement of 359sqm used as parking space and storage. It is built within a plot with an area of 607sqm.
The property offers close proximity to all amenities and excellent access to Nicosia's city center.
Energy Performance Classifications for the Office: Energy Class E
Energy Performance Classifications for the Shop: Energy Class C
District – Nicosia Municipality Quarter – Agioi Omologites
Covered Area: 1,060 m2 Total Area: 1,271 m2 Land area - 607 m2 Covered Verandas: 94 m2
Uncovered verandas: 64 m2 Mezzanine area: 117 m2 Basement area: 359 m2 Reg. 3/3946 Sheet/Plan - 21/540303
Town planning zone Commercial
Building density 160 % Coverage ratio:50 % Max floors 6 Mx height 24m

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Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price $3,481,808

Converted From EUR

Exchange Rate $1.17

Cap Rate Available On Request

Deal Terms

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

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