1463sqm commercial building in egkomi, nicosia
- Reference number: DP-CY16982/TA_1765
- Area: 1463 m²
- Type: Restaurants, bars
- Condition: Resale
- Energy Efficiency: In Progress
- Square meter price: €991 /m²
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The property is a versatile six-floor commercial building located in the heart of Egkomis business district in Nicosia, offering a strong investment opportunity.
It consists of a basement, ground floor, and first floor merged into fully leased commercial units totaling 627sq.m., while the upper floors provide additional office spaces across five levels, with a total of 209sq.m. per floor.
Most offices are currently rented, with only one vacant unit, generating a solid 5.45% annual ROI, with the potential to reach 6.03% when fully leased.
The building is zoned under Eβ3 (96%) with a 160% building coefficient and Eβ4 (2%) with a 140% coefficient, allowing up to six floors and a height of 24 meters.
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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: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:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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