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Office building located at the center of nicosia

Nicosia, Nicosia - Kaimakli
Posted: 03.12.2024 09:49 Ad ID: 5507360
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  • Area: 950 m²
  • Type: Offices
  • Condition: Resale
  • Energy Efficiency: B
  • Square meter price: €1.684 /m²
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Office building for sale located at the center of Nicosia

The office building located at the center of Nicosia, just off a very

well-known commercial street called Nikis Avenue. Its unique design is owed to the

prestigious Architectural firm who designed it and having been built in the late 1970s.

The recently refurbished building is South facing, enjoying plenty of natural light and

has a very warm, luxurious interior feel due to the natural timber, marble and high quality

materials throughout. The property attracts international high-profile companies as tenants

and is a solid property investment.

An impressive entrance with a warm,

luxurious wooden interior, marble floors

and a bright open plan working space

The asking price is EUR 1,600,000.

The ground floor estimated rent for EUR2600 + VAT per month which is total EUR37128 per annum

The middle floor is rented for €34,300 per annum including VAT

The top floor is for rent for €26,586 no VAT per annum

5.4% ROI

The building coefficient permits us to build/add another extra floor worth 350 square metres.

HomelinkCY Licensed Estate Agent

Reg No. 1059 & LIC. No. 235/E

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€1.600.000
€1.684/m²
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Albrook Properties Limited Albrook Properties Limited
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Posting since dec, 2020

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