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Mercury Group
For sale: commerce property in Cyprus, Nicosia
- Cyprus, Nicosia
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Property description
ID: CY-35-1-124378
- Cyprus, Nicosia
Object type
Commerce property
Area
331 m2
Category
For sale
Price per m2
€ 1 647
Price
€ 545 000
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For sale business of 331 sq.meters in Nicosia. Office in Agioi Omologites, Nicosia. The asset is an office in Agioi Omologites. It is located 300m from the Ministry of Interior and 1,5km from the city center. It is part of a seven storey mixed-use building comprising 22 offices. The office occupies the entire 5th floor. It has 331sqm covered area with an exclusive right of use of 2 uncovered parking spaces on the ground floor (no. 32-33) and 4 covered parking spaces in the basement (no. 17-20). Internally the property comprises 9 separate office spaces, 4 toilets, server room, lobby area and a shower. The layout of the office offers the opportunity to rent it out to a single tenant or as serviced offices. The asset has a prime location in Nicosia business centre, providing excellent proximity to all amenities and services. It is an ideal opportunity for potential high rental income.
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Nicosia
Object type
Commerce property
Area
331 m2
Category
For sale
Price per m2
€ 1 647
Price
€ 545 000
Currency calculator
From
To
What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
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Total property cost:
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