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Property 2100 Aglandjia, Nicosia / 43699

Prime Whole-floor Office Unit With Flexible Rental Opportunities.

  • Thumbnail 1 Property 2100 Aglandjia, Nicosia / 43699
  • Thumbnail 2 Property 2100 Aglandjia, Nicosia / 43699
  • Thumbnail 3 Property 2100 Aglandjia, Nicosia / 43699
Photos 3

For Sale • Deal

675,000€

Estimated Mortgage

/month

389

m2

Community

Property Type

Office

District

Nicosia

Covered/Built m2

389 m2

Property Description

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.

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 2100 Aglandjia, Nicosia / 43699
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

23,600 €

Transfer Fees Joint Names

20,200 €

Stamp Duty

1,258 €

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