Commercial Development for sale in Nicosia Municipality, Nicosia

Building commercial offices, with built area of 971 sqrm, area 787 sqrm, in the area of Nicosia (center), Lefkosia within Nicosia district. It is within close proximity to: Agios Andreas and Agios Andreas. The Energy Efficiency Class of the building is D. The Building was constructed in 1975. Τhe plot area is 787 square meters. The type of road leading to the property is tarmac secondary road. The investment is € 505 per covered square meter. The property has no VAT tax. Discover a remarkable office space situated within the vibrant and prestigious municipality of Nicosia, specifically in the neighborhood known for its rich cultural heritage. This prime location is approximately 50 meters to the east of the Municipal Theatre of Nicosia and just around 200 meters to the north of the esteemed Greek Embassy, positioning it in a hub of activity and engagement. Constructed in 1975, this mixeduse building elegantly blends functionality with accessibility and is set on a spacious plot area of 787 square meters. The property enjoys a prime location on a tarmac secondary road, ensuring smooth travel and easy access for both clients and employees. The office unit encompasses a generous footprint, spanning the ground floor, mezzanine, first floor, and part of the basement. It offers a wellthoughtout arrangement that accommodates contemporary working needs. The ground floor features an open office space ideal for collaborative work, complemented by smaller individual office spaces that facilitate privacy and concentration. This level also incorporates essential restroom facilities. Ascend to the mezzanine, where additional open office areas provide further versatility and flexibility for team structures or projectbased work. On the first floor, the layout continues to impress with open office spaces, smaller offices for focused tasks, restrooms, and a cozy kitchenette, perfect for breaks or informal meetings. The basement level is equipped with a kitchen, restrooms, and ample storage space, streamlining operational efficiency. Enhanced by a favorable lease agreement with the Ministry of Labour and Social Insurance, this property presents an extraordinary opportunity for continuous income generation with a return exceeding nine percent, making it not only a functional workspace but also a sound investment. The Energy Efficiency Class is rated D. This aspect can inspire future improvements and upgrades to enhance sustainability and operational costs, aligning with modern environmental standards. Immerse yourself in a community that thrives on connectivity, where cultural landmarks and governmental institutions abound. Witness firsthand the dynamic atmosphere that this office space offers—a blend of professional engagement and cultural enrichment. This outstanding property is not merely a space to work it is a strategic location where opportunity meets community. We invite you to discover its potential and envision the lifestyle that awaits. Let this be the next chapter in your professional journey, where every day offers the promise of productivity and inspiration. Schedule a visit today and experience firsthand the distinctive character this office space provides.