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10
  • Property Type
  • Shop
  • 2
  • Bathrooms
  • Area Size
  • 2008
  • Year Built

Prime Corner Location Retail Unit, in Nicosia center – id S20115

  • €790,000

Description

An exceptional investment opportunity in Nicosia’s vibrant commercial center, this prime corner retail unit is ideally situated in Agioi Omologites, offering high visibility and excellent accessibility.andlt;brandgt; andlt;brandgt; Property Overview:andlt;brandgt; • Total Built Area: ~251 sq.m.andlt;brandgt; • Energy Category: Candlt;brandgt; • The property has acquired a separate title deed.andlt;brandgt; andlt;brandgt; Layout Details:andlt;brandgt; Ground Floor:andlt;brandgt; • Spacious open-plan layoutandlt;brandgt; • Fully equipped kitchen facilitiesandlt;brandgt; • Storage roomandlt;brandgt; • Guest restroomsandlt;brandgt; andlt;brandgt; Mezzanine (Approx. 135 sq.m.):andlt;brandgt; • Additional open-plan spaceandlt;brandgt; • Men’s and women’s restroomsandlt;brandgt; • Changing roomsandlt;brandgt; • Staff restrooms with showerandlt;brandgt; • Second kitchenandlt;brandgt; • Extra storage spaceandlt;brandgt; andlt;brandgt; Outdoor Spaces:andlt;brandgt; • Covered Area: 28 sq.m.andlt;brandgt; • Uncovered Area: 120 sq.m.andlt;brandgt; • Exclusive Use of External Pavement: ~148 sq.m.andlt;brandgt; andlt;brandgt; Parking:andlt;brandgt; • Total Covered Spaces: 13andlt;brandgt; o 6 in the basementandlt;brandgt; o 7 on the second basement levelandlt;brandgt; ________________________________________andlt;brandgt; Investment Highlights:andlt;brandgt; • Current Yield: 5.3% ROIandlt;brandgt; • Lease Term: Active until November 2030andlt;brandgt; o Includes 2% annual rental increasesandlt;brandgt; o Optional 5-year renewal included in agreementandlt;brandgt; • Ownership: Separate title deed availableandlt;brandgt; ________________________________________andlt;brandgt; This asset offers excellent long-term income potential, thanks to a stable lease agreement and flexible usage options, including retail, dining, or showroom operations. The combination of generous indoor and outdoor spaces makes it especially appealing for businesses seeking high-footfall locations in Nicosia’s core.

  • City: Nicosia
  • Area: Dimos Lefkosias

Details

Updated on October 22, 2025 at 3:40 am
  • Property ID S20115
  • Price €790,000
  • Bathrooms 2
  • Year Built 2008
  • Property Type Shop
  • Property Status For Sale

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