Property Location
Municipality: Nicosia Municipalilty/ Agios Antonios
Property Characteristics: 

Description
A two-story listed building (restoration completed) with offices in Agios Antonios,
The asset consists of large open spaces used as office areas, two smaller used as a private office with
conference room, kitchenette in the basement, two toilets and storage in the semi basement as well as
disabled toilet on the floor. Externally there is small backyard and uncovered parking space.
The building is dated 1885 and 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. Internally the
floors are parquet wood in all areas on the 1 st floor and ceramic clays on the ground floor. It has single
glazed wooden windows wand wooden shutters.
The revenue generated is “tax free” for income tax purposes.

Planning Zone: Ka-a
Max building density: 140%

Max Coverage: 70%

Rental Agreement (Proposed)
Term 5 Years + 5 years
Rent per month (euro) 2.500 euro
Yield 5.0%

VAT/Transfer Fees: Transfer fees
Title Deeds: Yes