5 Prime Real Estate Investment Opportunities in Cyprus
13:29 - 26 October 2023
Elit Blue proudly offers a diversified portfolio of investment opportunities, including office, retail, and hotel assets, in prime locations in Nicosia, Limassol, and Larnaca.
The commercial real estate sector in Cyprus is experiencing a significant surge in demand, especially for office and retail assets.
Interested buyers are invited to explore these assets on our company's website: Elit Blue.
Nicosia:
Two Ground Floor Retail Units on Prodromou Avenue, Agioi Omologites
Located just 1 kilometer from Nicosia's city center, these two ground-floor retail units in Agioi Omologites present a promising investment opportunity. Both units are currently let to a financial institution and a professional development center, offering attractive yields.
The two units extend to a substantial area of 750 square meters, with sizes of 484 and 266 square meters, respectively.
Guide Price: €2,250,000
Link to the property: Retail Shops in Agioi Omologites, Nicosia - Elit Blue
Commercial Building on John Kennedy Avenue, Strovolos
An exceptionally located 4-level commercial property in Strovolos combines office and retail spaces, covering a total area of 1,159 square meters. This building is situated in close proximity to significant landmarks such as the Central Bank of Cyprus Headquarters and KPMG Cyprus Headquarters.
The building is currently 75% occupied, with all four upper floors designated for office space and are let on a long-term basis to a government branch. Of the ground floor retail units, one is currently occupied, while the other, having undergone extensive refurbishment, is currently on the market, offering a value-add opportunity or customization potential.
Guide Price: €5,000,000
Link to the property: Commercial building in Strovolos, Nicosia - Elit Blue
Office Space on Gianni Kanidioti Avenue, Latsia
Offices within the Open University of Cyprus building located in Latsia, Cyprus, offer an ideal investment opportunity due to their exceptional connectivity and full occupancy. This property comprises three floors of office space, totaling 3,224 square meters.
Guide Price: €7,000,000
Link to the property: Office space in Latsia, Nicosia - Elit Blue
Limassol:
Commercial Building on Griva Digeni Avenue, Mesa Geitonia
This 5-floor commercial building in Mesa Geitonia features office space on the upper floors and retail spaces on the ground floor, all currently fully let. Conveniently located near the coast, the main motorway, the financial district, city amenities, and the coastal boardwalk, this property spans 3,214 square meters. The area is divided into 2,154 square meters of office space, 508 square meters of retail space, and 554 square meters of ancillary/common areas.
Guide Price: €9,250,000
Link to the property: Commercial Building in Mesa Geitonia, Limassol - Elit Blue
Larnaca:
Apart-Hotel on Amazoniou Street, Voroklini:
Nestled in the picturesque seaside village of Voroklini, Larnaca, this seaside property currently operates as a 27-key apartment hotel and is available with vacant possession. It features fitness facilities, a communal pool, and holds planning permission for an additional floor accommodating 7 more keys. Conveniently located with easy access to the main motorway network and just 8 minutes from the center of Larnaca, this hotel spans an area of 3,214 square meters, with all hotel rooms ranging between 45-45 square meters.
Guide Price: €4,000,000
Link to the property: Hotel in Oroklini, Larnaca - Elit Blue
For more information or to arrange a viewing, please contact Elit Blue
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