#15325
For Sale, Whole Top-floor Office space in Agios Dimitrios, Strovolos, Nicosia.
1,200,000€
#15325
For Sale, Whole Top-floor Office space in Agios Dimitrios, Strovolos, Nicosia.
1,200,000€
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Resale 1984
Rental Yield: 6%
Executive 740sq.m. office space situated in a strategic location in Agios Dimitrios, Strovolos, Nicosia.Property Highlights:
• Total Internal Area: 740sq.m.
• Covered Veranda: 1sq.m.
• Uncovered Veranda: 96sq.m.
• Floor: First floor ( top floor) of a commercial building
• Parking: Six dedicated parking spaces (No. 2,3,5,6,7,8)
Financial Performance:
• Rental Yield: 4%
• Lease Terms: Current lease agreement until 26/03/2028, with an option to renew for an additional two years (Rental Yield: 6%) until 26/03/2030 at a fixed, pre-agreed rate.
For any subsequent renewals after 26/03/2030, the rent will increase by 7% annually.
Internal Layout:
The workspace features a professional reception area, a conference room, multiple private offices, a fully equipped kitchenette, toilet, and both covered and uncovered verandas.
Location:
• Direct frontage onto Athalassas Avenue
• Approximately 30m northwest of the Acropolis Fire Station
• Approximately 100m northwest of the EOA premises
There is a separate title deed for this property.
Pending issuance of Energy Performance Certificate.
Property Info
15325
1,200,000€
Nicosia
Details
Construction Stage:
Resale
Furnished:
Unfurnished
Parking:
6
Construction Year:
1984
Areas
Covered Area:
740m²
Mortgage Calculator
Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.