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Commercial Building
Acropolis, Nicosia

€1,800,000  ($2,058,677)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $72,054

Average Bank Rate (€1,800,000)
1 USD = 0.8448 EUR
$2,130,731

Mid-market rate (€1,800,000)
1 USD = 0.8743 EUR
$2,058,677

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8209474 (3590)
  • Plot: 576 sqm

Description

This commercial building is ideally located in the highly sought-after area of Agioi Omologites, within Nicosia’s main business center, offering an excellent opportunity for investors seeking a stable and high-demand asset.

The property consists of underground parking, a ground floor unit currently operating as a hair salon, and five upper floors. Two of the floors are rented to a well-established accounting office, two floors are leased to an IT company, while one floor is currently vacant, providing immediate potential for additional rental income or owner occupation.

The mix of professional tenants highlights the building’s strong appeal to corporate and business users, ensuring long-term rental demand. Its central location, easy accessibility, and professional surroundings make it an ideal choice for companies looking to establish or expand their presence in Nicosia.

This is a pure investment sale with an existing annual rental income of €87,000, offering attractive returns and future upside through the leasing of the vacant floor that can bring up the annual rent to €110,000, offering a yield of around 6% at current asking price!

A solid, income-generating asset in one of Nicosia’s most prominent commercial districts, suitable for investors looking for stability, growth potential, and long-term value.

Connect with Monday Square and get a better return on your investment!

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€68,600 ($78,458)
If buying on joint names
€65,200 ($74,570)

Disclaimer - Property reference 8209474. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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