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For Sale Perfectly located office in Nicosia, Engomi

This asset is an office on the first floor of the building “J&P Makedon (Block A)” in Engomi, Nicosia. 

The asset is located on the corner of Ilia Papakyriakou Avenue and Nikolaou Skoufa Street, at a distance of c. 170m south of 28th October Avenue and c. 200m northeast of the Cyprus International Exhibition. 

The asset well sized first floor office of c. 165sqm and comprises of an open office space, kitchenette, two toilet rooms and a small storage room. It also enjoys the use of 3 parking spaces and a storage room of 15sqm in the basement. 

The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above. Ilia Papakyriakou Avenue is a busy commercial street in Engomi which provides easy access to other areas of Nicosia. 

The asset falls within two planning zones: 

- Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17/14,3m. 

- and Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m. 

Sales Price:
€445,000 - €2633.14 Per m2
Title Deed Available
Yield:
3.99%
Listing Type:
Commercial
Property Type:
Office
Property Status:
Resale
Date Available:
17-11-2019
Working Area:
165m2
Total area:
165m2
Veranda/Patio:
4m2
Enclosed Offices:
1
WC's:
2
Kitchen Type:
Separate
Extra Storage Space:
Yes
Covered Parking:
3

Features

Furniture & Appliances

Unfurnished


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