Manufacture 523 m² in Dali, Cyprus

The asset belongs to a two-storey commercial warehouse, which is currently rented out and used as a recording studio. It is located in the area of Panagia Evangelistria, the municipality of Idaliu, Nicosia.

The ground floor with an area of about 290 sq.m. includes a reception area, a recording/control room, an engine room, an orchestral and concert room, an office area, a server room, a kitchen and bathrooms.

The second floor with an area of about 170 square meters is connected to the street by an external metal staircase and includes six offices, a meeting room, a server room, a kitchen, bathrooms and a storage room. In addition, the installation of an elevator is provided.

The property is leased from 01/02/2024 to 31/01/2027 with a yield of 5.5% (30,636 euros per year).

The facility is located in the industrial zone of Dali, about 1 km from the motorway. The immediate surrounding area consists of industrial warehouses, workshops, factories and storage facilities.

The property is located in the Bα3 zone, with a development coefficient of 100%, coverage of 60% and a building permit of 2 floors. Energy category: C