Description

For a two-story ed listed building with offices in Nicosia City Center (Investment Opportunity with yield +/-5%) Location ·        The building is situated near Eleftherias Square and was recently renovated. ·        Within walking distance, one can find restaurants, cafeterias and the old city of Nicosia. ·        There are many office buildings in the area, and it is close to the Business Center. ·       Easy access is also available for the Nicosia – Limassol highway. External Features ·        The building is considered as an archaeological monument. ·        It is on elevated land affording nice views of the city especially from the upper floor. ·       It is a building of 2 floors and the size of the building is 190sq.m. ·       Its external look is an example of the traditional architecture. ·       Externally, there is small backyard and uncovered parking space. Internal Characteristics ·       It was constructed with traditional materials like Cypriot stone, wooden roof with traditional roof tiles and was retrofitted with a metallic staircase and an elevator. ·       The floors are parquet wood in all areas on the 1st floor and ceramic clays on the ground floor. It has single glazed wooden windows and wooden shutters. ·        The asset consists of large open spaces used as office areas, two smaller used as a private office and conference room. There is a kitchenette, two toilets and storage in the lower ground floor as well as disabled toilet on the floor. Advantages - Special Features ·       Installed split unit air conditioners in the bedrooms and living room. ·       The building is ed and the Rental Agreement proposed term is 5+5 Years. ·       Rent per month €2,500. ·       Yield +/- 5%.