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Pay in USD and save up to $47,916🏢 Executive Office Space for Sale in Agios Dimitrios, Strovolos
Reference: O2645AL
📍 Agios Dimitrios, Strovolos, Nicosia
🏢 Internal Area: 740 m²
🌿 Covered Veranda: 1 m²
☀️ Uncovered Verandas: 96 m²
🚗 6 Dedicated Parking Spaces
✅ Separate Title Deed
📍 Prime frontage on Athalassas Avenue
📍 Approximately 30m northwest of Acropolis Fire Station
📍 Approximately 100m northwest of the EOA offices
✨ Property Features:
• Executive office occupying the entire first floor of a commercial building
• Built in 1984
• Professional reception area
• Spacious conference/meeting room
• Multiple private offices
• Fully equipped kitchenette
• WC facilities
• Large uncovered veranda ideal for staff breakout areas
• Six dedicated parking spaces
• Excellent visibility and accessibility in one of Nicosia's most established commercial districts
• Surrounded by government offices, financial institutions, and major businesses
💼 Investment Opportunity
• Current Rental Yield: 4%
• Existing lease agreement in place until 26/03/2028
• Option to extend the lease until 26/03/2030, increasing the rental yield to 6%
• Any lease renewal after 2030 provides for a 7% rental increase, offering attractive long-term investment potential
🏗️ Commercial Planning Zone: Εβ3
• Building Density: 160%
• Coverage: 50%
• Maximum Floors: 6
• Maximum Height: 24m
🌟 Ideal for:
✔ Corporate Headquarters
✔ Professional Offices
✔ Long-Term Commercial Investment with Immediate Income
📞 Contact us today for more information or to arrange a viewing.
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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