Office for Sale in Strovolos, Nicosia

Information from owner
The property for sale comprises of five offices. The property is situated in Chryseleousa quarter in Strovolos Municipality, in Nicosia District. It is located on Avenue at a distance of 50 meters (approx.) north of Cyprus Post Office and 550 (approx.) east from Metochi Church. The property is located very close to all amenities and services such as shops, banks, government buildings and other services.

The building was constructed around 2011 and its level of construction and maintenance is very good.

It comprises of two basements with a parking area and storages, the ground floor comprising of two shops with mezzanine (which are not for sale) and one office with mezzanine. Also, on the upper floors consists with one office on each floor.

All the units of the building have separate title deeds.

The offices are located on the ground, first, second, third and fourth floor. It should be noted, that the percentage of the shared ownership is 77.56%, which is taken into consideration.

Each of the office has exclusive right of parking spaces on the two basements.

The total internal area of the units is 2,115sqm and 132sqm. mezzanine level.

The offices are rented for €374,300/year with a total yield of 5,6%.