Building for Sale in Nicosia District

Five-storey commercial building known as “SOTADYK,” constructed approximately in 2000 and situated in a corner position within the Agioi Omologites area of Nicosia Municipality and district. Location: Corner positioning on Dimostheni Severi Avenue, Sahtouri Street, and Nikitara Street, surrounded by commercial and multi-storey office developments. Property Highlights: • Land Area: 2,400sq.m. • Total Building Size: 3,954sq.m. • Existing Building Layout: - Basement: Configured with auxiliary spaces, an EAC substation, and parking. - Ground Floor & Mezzanine: Comprises office spaces, auxiliary areas, and covered parking. - First Floor: Divided into two sections; features a reception area, office spaces, conference rooms, kitchen, server room, storage, and bathrooms. - Second & Third Floors: Includes a reception area, multiple office spaces, conference rooms, small kitchens, dining areas, and bathrooms. - Fourth Floor: Configured with a reception area, office spaces, auxiliary spaces, and an uncovered roof garden. • Parking: Eighty-nine (89) total parking spaces allocated on-site. • Occupancy: Partially rented (1st & 2nd floors). Current Yield: 2%. Potential Yield: 6% (fully let). There is a separate title deed for this property. Energy Category: D