Located in Nicosia.
Commercial Building with Strong Rental Income for Sale in Egkomi area, Nicosia. It is located in one of the most thriving business centers in Egkomi. The surrounding area provides a variety of amenities and facilities such as shops, taverns, shops, cafes, etc. Commercial building for sale in Nicosia, Egkomi area. It is a six- story building with total enclosed area of 1.463 sq.m. The property offers a mix of office spaces across multiple floors, currently generating solid rental income with excellent potential for growth. The basement, ground and first floor are merged commercial units, fully rented. Second and fifth floor consist of 4 offices- 2 offices per story, all of them rented. The third floor consists of 1 office which is rented. On the fourth floor there are 2 offices, one of them is vacant and one of them rented. Current Annual Return is 5.45% ROI based on existing leases. Potential Annual Return is 6.03% ROI if fully leased. The property falls withing two planning zones Εβ3 and Εβ4. It is ideal for investors seeking steady rental income and value appreciation in a strategic commercial location.
