Location
• This professional whole-floor office unit is situated on the 2nd floor of a commercial building in Aglantzia, Nicosia.
• It benefits from a prominent position with a generous 43-meter frontage on the building’s north boundary.
• The property is ideally located in a walking distance of Limassol Avenue, offering excellent accessibility and visibility for businesses.
External Features
• The office unit includes a combination of covered and uncovered verandas, providing pleasant outdoor spaces that enhance the working environment.
• Additionally, it comes with seven dedicated basement parking spaces, ensuring ample parking for staff or visitors.
• Six basement storage rooms are also available, offering practical support for business operations.
Internal Characteristics
• Designed to accommodate multiple business needs, the unit comprises a reception area, several private office spaces, a kitchen, and restrooms.
• The space is currently divided into 12 individual units, with 10 of them rented and 2 available for lease.
• This internal division allows for flexible rental opportunities or a multi-departmental business setup.
Advantages & Special Features
• The property currently generates a total monthly rental income of €3,045, translating into an attractive annual return of approximately 5.41% ROI.
• The leasing agreements offer long-term stability, with most contracts extending until March or April 2027.
• This makes the property a solid investment opportunity with immediate income and growth potential.
Zoning Information
• The office falls under the Eβ5 commercial planning zone, allowing a building coefficient of 30% and coverage of 20%. The maximum permitted height is 8.3 meters (up to 2 floors), ensuring future development possibilities within regulatory limits.