Commercial property 971 m² in Nicosia, Cyprus

Office space located in the Municipality of Nicosia, namely in the parish of Agios Andreas, on the street of Museums, in a mixed building. It is located about 50 meters east of the Municipal Theatre of Nicosia and about 200 meters north of the Embassy of Greece. The office space occupies the entire first floor, mezzanine, second floor and part of the basement. It is rented by the Ministry of Labor and Social Insurance. The layout of the various levels is as follows: • First floor: includes an open office area, small individual office rooms and sanitary facilities. Mezzanine: consists of additional open office spaces. • Second floor: includes open office areas, small office rooms, toilets and a small kitchen. • Basement: contains a kitchen, toilets and storage facilities. According to the terms of the lease, the object brings income of more than 9% (the rent is paid quarterly). The property belongs to the Zone Εом-δ, with a development coefficient of 200%, coverage of 60% and a building permit of 8 floors (31 m). For this property there is a separate certificate of ownership. This is 50% indivisible ownership. An energy efficiency certificate is expected.