5,5% ROI! Office for Sale in Agioi Omologites, Nicosia

  • €650,000
Nicosia, Agioi Omologites, Dimostheni Severi Avenue, Agioi Omologites, Nicosia Municipality, Nicosia, Nicosia District, Cyprus, 1453, Cyprus
Buy Investment

5,5% ROI! Office for Sale in Agioi Omologites, Nicosia

Nicosia, Agioi Omologites, Dimostheni Severi Avenue, Agioi Omologites, Nicosia Municipality, Nicosia, Nicosia District, Cyprus, 1453, Cyprus
  • €650,000

Overview

Property ID: 33980
  • Commercial, Office
  • Property Type
  • 2
  • Bathrooms
  • 325
  • 2001
  • Year Built
  • Title Deeds
  • 33980
  • Property ID

Description

Enclosed area: 325 m2
Veranda : 12 m2 Covered
2 Bathrooms
Year built: 2001
Title deed: The property has a separate title deed

Parking: 6 Covered
Air condition
Lift

Office in a central and lively location in Agioi Omologites Quarter, in Nicosia Municipality, at a distance of 950 meters (approx.) northeast of the Presidential Palace and 200 meters north of the Agioi Omologites Primary School.

The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, bakeries etc. In addition, it has excellent accessibility to the city center. In general, it is an excellent location with high demand for properties due to its centrality and accessibility.

The property abuts onto Dimostheni Severi Avenue and located on the 5th floor of the building named “Presidium”. The building was built 20 years ago (approx.) and its level of construction and maintenance is good. Internally the office consists of reception area, office spaces, meeting room, hygiene area and two small kitchenette. The area of internal spaces is 325 sqm and the covered veranda 12 sqm.

It is important to noted that the property has exclusive right of use of a room with total area of 21sqm that located on the building roof.

It has a separate title deed and 6 covered parking space in the basement. 

Currently, the office is rented for €3.000/month with a yield of 5,5% and it is considered as a good choice for investment.

a-33765

Details

Updated on December 27, 2022 at 9:58 am
  • Property ID: 33980
  • Price: €650,000
  • Property Size: 325
  • Bathrooms: 2
  • Year Built: 2001
  • Property Type: Commercial, Office
  • Property Status: Buy
  • Address 35.163002, 33.353802
  • City Nicosia
  • Area Agioi Omologites
  • Country Cyprus

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