Secure Investment Opportunity In Engomi

Nicosia
Engomi & Ma/ssa

€ 390,000

88 m2 Area
44 m2 Mezzanine
1 Parking

Property Ref: #10438

Property Description

A prime ground floor office in the heart of Engomi, offering 88m² of internal space, a 44m² mezzanine, and a 49m² storage room in the basement. The property is currently rented to a well established company, providing guaranteed rental income with a high return on investment. The lease includes a built in 5% rent increase every two years, ensuring long term value growth. An excellent opportunity for investors seeking a secure, income-generating asset in one of Nicosia’s most desirable commercial areas.

Property Features

Type

Shop

Status

Resale

Area

88 m2

Mezzanine

44 m2

Parking

1

Year

2000

W.C

2

Energy

B

Even More Info

Air Condition

Basement

Fitted Kitchen

Furnished

Parking Covered

Title Deed

Location

Engomi, Engomi & Ma/ssa, Nicosia

CURRENT ASKING PRICES PRICES IN ENGOMI

AVERAGE PRICES TODAY

Flat Price
€ 399,625
House Price
€ 1,285,000
Residential Plot Price
€ 556,250

% PROPERTY TYPES

17 % Houses
10% Plots
73% Flats

% BEDROOMS

14% 1 Bed Flat
25% 2 Bed Flat
43% 3 Bed Flat
2% 3 Bed House
14% 4 Bed House
3% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 202,777
2 Bed Flat
€ 326,062
3 Bed Flat
€ 495,071
3 Bed House
€ 535,000
4 Bed House
€ 1,222,222
5 Bed House
€ 1,135,000

PRICE RANGE

Flats:
€ 140,000 - € 1,115,000
Houses:
€ 450,000 - € 3,500,000
Residential Plots:
€ 280,000 - € 850,000