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Office – Agioi Omologites, Nicosia

Nicosia - Ref. PR33765View on map

Office-Nicosia Municipality-PR33765
Office-Nicosia Municipality-PR33765
Office-Nicosia Municipality-PR33765
Office-Nicosia Municipality-PR33765
Office-Nicosia Municipality-PR33765
Office-Nicosia Municipality-PR33765
Office-Nicosia Municipality-PR33765
Office-Nicosia Municipality-PR33765
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Office – Agioi Omologites, Nicosia

Not subject to VAT

690,000

Indicative Price

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 €2,750/month with a yield of 4,8% and it is considered as a good choice for investment

Gray Standard deadline time (JPG)

Gray Standard deadline time (JPG)

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.

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.

District: Nicosia

Municipality: Nicosia Municipality

Quarter: Agioi Omologites

Unit No: 51

Characteristics

  • Enclosed area: 325 m2
  • Veranda : 12 m2 Covered
  • 2 Bathrooms
  • Year built: 2001
  • Title deed: The property has a separate title deed
  • The property is rented

Services and facilities

  • Parking : 6 Covered
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Storage room

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
1/1881 21/540203 1 944
  • Planning zone: Εβ2
  • Building Coefficient: 180%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 6
  • Maximum Building Height (m): 24
  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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Energy Category

energy rating

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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