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01.08.2023
Updated
2 August 2023

The Cyprus Government Acquires Skyscraper 'Metropolitan' for 25.4 Million Euros

After prolonged debates, the Cyprus Parliament has approved the relocation of the Ministry of Labor, Social Security, and Insurance to the commercial skyscraper 'Metropolitan' in the capital.

Starting from September 1, 2023, the ministry will commence its operations at the new address. Despite objections from the Audit Office, the building for the ministry was allocated 25.4 million euros.

It is worth noting that the commercial skyscraper is located next to the Eurobank headquarters, right in the heart of Nicosia, on Spyros Kyprianou Avenue.

The building, covering an area of 8,984 square meters, boasts 19 floors, including office spaces, a luxurious reception area, mezzanine, an engineering floor, and three spacious underground parking levels.

Moreover, the rooftop features a lounge area that can be used for corporate entertainment events, offering breathtaking panoramic views of Nicosia.

The new skyscraper stands out with its exceptional architecture and luxurious modern design. Metropolitan is equipped with state-of-the-art technologies to meet current and future business requirements, providing enough flexibility to reconfigure workspace if needed.

The building features thermal and sound insulation, VRV air conditioning system, excellent ventilation, lighting systems, security, fire protection, and firefighting measures.

Правительство Кипра выкупило за 25,4 млн евро небоскреб Metropolitan

For detailed information about all projects in Nicosia, you can contact the specialists at the number one real estate agency in Cyprus, DOM, by phone at +357 22 030670 or in person at Archiepiskopou Makariou III 1, Lakatamia 2324, Nicosia, Cyprus.
Source: stockwatch.com.cy
Photos: stockwatch.com.cy

Interested in property on the island? Check out the number one real estate agency in Cyprus, DOM! The website features the largest database of real estate in the country – over 100,000 residential and commercial properties across the entire island. Choose and consult with professional brokers who will help you make the right choice!

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