Rent office in Nicosia

Office space for rent in Nicosia

Two buildings, eighteen options

Nicosia shows 18 offices across 2 buildings — 121 Prodromou Avenue and Jacovides Tower — so the choice here is one of floors and sizes rather than of neighbourhoods. Suites span 5 to 220 m² with a median of 64 m², which lets the same two addresses serve a two-desk representative office and a mid-sized services team. For a company entering Cyprus, that concentration cuts building due diligence down to two site visits.

Rents and where the median sits

Quoted rents in Nicosia run from $336 to $450 per m² a year, yet the median is also $336: most of the 18 lots are priced at the floor of the band and the $450 level is the exception, not the norm. Any Nicosia offer near the top of that range should be justified by fit-out quality, floor level or parking, otherwise the comparable evidence sits well below it.

Location and access

Nicosia's listed space stands on the Georgiou Griva Digeni and Prodromou avenues, the arteries carrying much of the capital's banking, legal and corporate-services activity outside the old walled centre. Nicosia has no metro, so the 2 buildings are judged on parking ratio and road access rather than on transit — a decisive point in a city where staff drive in from the surrounding suburbs.