Retail premises for sale in Agioi Omoloyites, Nicosia, Cyprus

Shop with a mezzanineon the ground floor of a multi-storey building located in an attractive location in the quarter of Agioi Omologites of Nicosia Municipality. It is located close to the the Presidential Palace.

The shop is ideally located in a commercial street of the capital, where all kinds of services and facilities are nearby such as cafes, shops, offices, banks, etc. In addition, its location has great traffic flow while also having excellent access to the city center.

The shop is located on the ground floor of a mixed-use building that was erected in circa 1990. It consists of an open service area, a work area with a shower and a kitchenette. It has a mezzanine which consists of two workspaces.

The shop has an interior area of ​​approximately 41sqm and a mezzanine of approximately 21 sqm.

It must be noted that on site the shop has been unified with the adjacent shop and they operate as a single unit.

The shop is rented for €400/month with yield of 5,3%.

Nicosia, the capital city of Cyprus, offers a multitude of compelling reasons to consider buying property in this vibrant and historic city. Here are some key factors that make Nicosia an appealing destination for real estate investment:

Strategic Location: Nicosia's central location in the heart of Cyprus makes it a strategic hub for business, trade, and tourism. Its proximity to major airports, seaports, and transportation networks ensures excellent connectivity within the island and beyond.

Cultural Heritage: Nicosia is steeped in rich cultural heritage, boasting a captivating blend of ancient history and modern charm. The city is home to numerous archaeological sites, museums, and historical landmarks, providing residents with a unique and immersive cultural experience.

Thriving Economy: Cyprus has a robust and resilient economy, and Nicosia serves as a major economic center. The city's strong financial services sector, thriving business environment, and favorable tax incentives make it an attractive destination for entrepreneurs and investors.

Quality of Life: Nicosia offers an excellent quality of life, combining a relaxed Mediterranean lifestyle with modern amenities. Residents can enjoy a pleasant climate, delicious cuisine, vibrant nightlife, and a range of recreational activities, including beautiful parks, golf courses, and sports facilities.

Educational Opportunities: Nicosia is home to renowned universities, making it an ideal destination for students and families seeking excellent educational opportunities. The city offers a diverse range of educational institutions, from international schools to prestigious universities, ensuring access to high-quality education.

Real Estate Investment Potential: Nicosia's real estate market presents a promising investment landscape. The city offers a wide range of properties, including apartments, houses, and commercial spaces, catering to various budgets and preferences. Over the years, property values have shown stability and consistent growth, making it an attractive choice for investors.
Infrastructure and Development: Nicosia continues to witness significant infrastructure development, with ongoing projects aimed at improving transportation, public spaces, and urban planning. This focus on modernization ensures a well-connected and well-developed city that enhances the overall quality of life for residents.