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Prime Investment Opportunity – Landmark Building in Nicosia-All 4 floors of a total of 1846sq.m
A unique investment opportunity to acquire a four-storey commercial building strategically located at one of the most well-known crossroads in Nicosia.
Property Overview
This prominent asset-ONLY 4 FLOORS- offers a total of 1,846 sq.m. of internal space.
Investment Highlights
• Prime, high-visibility commercial location
• 15 on-site parking spaces & Ample parking across the street in the Municipal parking area
• Requires basic renovation and upgrading, offering value-add potential
• Separate titles deeds available
Income Potential
The property offers approximately 1,846 sq.m. of office space
At a minimum estimated rental rate of €15 per sq.m., the offices could generate:
Estimated Monthly Rental Income:
1,846 sq.m. × €15 = €27,690 (~€27,000 per month)
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.
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