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An exceptional opportunity awaits in the heart of Agios Dometios, Nicosia, where this prominent commercial building stands as a jewel of versatility and potential. Constructed in 1995, the building exudes a blend of modern design and functional space, encompassing a total covered area of 5,000 square meters within a generous plot of 2,170 square meters. With a layout that caters to both personal use and income generating activities, this property offers endless possibilities. The building features a well designed basement housing 36 parking spaces along with ample storage facilities. Access to the basement is convenient and directed via a ramp from the northern side, ensuring easy entry for tenants and visitors alike. On the ground floor, a thriving retail unit currently occupied by a reputable bank serves as a prime example of the property’s commercial capabilities. The ground area includes a spacious customer service zone, numerous office areas demarcated for privacy yet conducive to open collaboration, a vault, sanitary facilities, a dedicated kitchen space, and an additional 18 parking spaces. The vibrant atmosphere created by its location invites a steady flow of clientele and foot traffic. The mezzanine level, accessible via an internal staircase, provides a well appointed office environment featuring various office spaces, a meeting room, and facilities for both men and women, showcasing the building’s commitment to a professional work setting. Spanning the first to the fourth floors, each identical in layout, the property comprises two office wings. These open plan spaces can be tailored to meet individual business needs with internal arrangements designed to create an efficient and productive atmosphere. Each office floor is equipped with essential sanitary facilities and kitchen areas to enhance comfort for tenants. Featuring an additional source of income, part of the basement and ground floor is leased to a telecommunications provider, with a profitable antenna situated on the rooftop. This rental agreement ensures a steady monthly income stream, enhancing the investments appeal. Additionally, occupy office 102 enjoys a secure rental, providing consistent return potential. The property benefits from its strategic location along a bustling commercial road, approximately 2 kilometers from the major B9 motorway. It is conveniently positioned within close proximity to key amenities including banks, pharmacies, beauty salons, bakeries, and parks, all bringing a vibrant sense of community to daily life. For families and professionals, educational institutions such as primary and secondary schools, as well as a university, are within a mere five minute drive, ensuring that all needs are met with ease. With an energy efficiency class of C, the building is designed to reduce environmental impact while providing a comfortable working environment. The zoning allows for additional construction opportunities, with commercial planning involving a maximum height of 24 meters and residential planning allowing for three floors at 13.5 meters, offering further potential development upside. This building proudly holds a complete whole share title, allowing the new owner to leverage the property’s potential fully. Embrace the chance to invest or establish a thriving business in a bustling hub that promises both lifestyle and financial benefits. Seize this moment to explore a vibrant future where professional ambitions can flourish in unison with personal aspirations. This is more than a building it is an investment into a brighter tomorrow in one of Nicosia’s most sought after locations.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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