Office in a central and lively location in Agioi Omologites Quarter, in Nicosia Municipality, at a distance of 950 meters (approx.) northeast of the Presidential Palace and 200 meters north of the Agioi Omologites Primary School.

The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, bakeries etc. In addition, it has excellent accessibility to the city center. In general, it is an excellent location with high demand for properties due to its centrality and accessibility.

The property abuts onto Dimostheni Severi Avenue and located on the 5th floor of the building named “Presidium”. The building was built 20 years ago (approx.) and its level of construction and maintenance is good. Internally the office consists of reception area, office spaces, meeting room, hygiene area and two small kitchenette. The area of internal spaces is 325 sqm and the covered veranda 12 sqm.

It is important to noted that the property has exclusive right of use of a room with total area of 21sqm that located on the building roof.

It has a separate title deed and 6 covered parking space in the basement. 

Currently, the office is rented for €3.000/month with a yield of 5,5% and it is considered as a good choice for investment.

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

District: Nicosia

Municipality: Nicosia Municipality

Quarter: Agioi Omologites

Unit No: 51