For sale a two-story rented listed building with offices in Nicosia City Center

(Investment Opportunity with yield +/-5%)

Location

· The building is situated near Eleftherias Square and was recently renovated.

· Within walking distance, one can find restaurants, cafeterias and the old city of Nicosia.

· There are many office buildings in the area, and it is close to the Business Center.

· Easy access is also available for the Nicosia – Limassol highway.

External Features

· The building is considered as an archaeological monument.

· It is on elevated land affording nice views of the city especially from the upper. floor.

· It is a building of 2 floors and the size of the building is 190sq.m.

· Its external look is an example of the traditional architecture.

· Externally, there is small backyard and uncovered parking space.

Internal Characteristics

· It was constructed with traditional materials like Cypriot stone, wooden roof with traditional roof tiles and was retrofitted with a metallic staircase and an elevator.

· The floors are parquet wood in all areas on the 1st floor and ceramic clays on the ground floor. It has single glazed wooden windows and wooden shutters.

· The asset consists of large open spaces used as office areas, two smaller used as a private office and conference room. There is a kitchenette, two toilets and storage in the lower ground floor as well as disabled toilet on the floor.

Advantages - Special Features

· Installed split unit air conditioners in the bedrooms and living room.

· The building is rented and the Rental Agreement proposed term is 5+5 Years.

· Rent per month €2,500.

· Yield +/- 5%.