A 6-storey commercial building with a total area of 3,245 sq.m. (plus a basement of 1,370 sq.m.), located in the center of Nicosia. It is located next to Shpiru-Kyprianiou Avenue on its northern border, a few meters west of the intersection of Spiru-Kyprianou Street and Themistokli-Dervi Street (near the headquarters of Starbucks and Piraeus Bank).
The building consists of two floors of basement parking (1370 sq. m. M), ground floor (530 sq.m.), mezzanine (465 sq.m.) and five floors above (2,250 sq. m.).
The total area is 1,324 sq.m.
The ground floor consists of an entrance hall, offices and an exhibition hall, a mezzanine, the 1st, 2nd and 3rd floors consist of an open exhibition hall, and the 4th and 5th floors consist of offices. It is noted that a metal structure consisting of a conference hall and a library is installed on the terrace. Two basements of the building are used as a showroom.
The property is located in the commercial planning zone Ea3 with a maximum building density coefficient of 200% and a land coverage coefficient of 40% for 10 floors and a height of 38 meters.
Spyrou Kyprianou Avenue is one of the busiest streets in Nicosia with mixed residential and commercial properties. Most of the local buildings consist of shops, restaurants and exhibition halls on the ground floor, as well as offices or apartments on the upper floors. The hotel has easy access to the wider city of Nicosia and the surrounding area.
