Property 2400 Engomi, Nicosia / 44652
Prime Six-floor Commercial Building In Egkomi's Business Hub.
-59%
Opportunity!
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Nicosia Indicative Price
2,410.67 €This Property
991.11 €For Sale • Deal
1,450,000€
Estimated Mortgage
/month
1463
m2
552
Plot m2
Overview
Property Description
Six-floor commercial building in Egkomi’s business hub, featuring a mix of fully and partially leased office spaces with strong rental income and growth potential.
Key Features:
- • Basement to 1st Floor: 627 sq.m.
- merged commercial units – fully rented
- • 2nd–5th Floors: Office spaces totaling 836 sq.m.
- – mostly rented, 1 unit vacant
- • Current ROI: 5.45% | Potential ROI: 6.03% (if fully leased)
- • Zoning: Eβ3 & Eβ4 with up to 6 floors allowed
- Ideal investment opportunity offering stability and upside in a prime commercial location.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Unfurnished
Location
50.05 kms
106.99 kms
1.17 kms
2.65 kms
2.73 kms
3.18 kms
3.49 kms
4.11 kms
4.18 kms
4.21 kms
4.34 kms
4.60 kms
4.75 kms
5.98 kms
6.59 kms
4.89 kms
5.11 kms
5.12 kms
5.44 kms
5.55 kms
5.82 kms
5.89 kms
6.15 kms
6.30 kms
6.84 kms
8.40 kms
9.24 kms
Transfer Fees
Transfer Fees Individual
54,600 €
Transfer Fees Joint Names
51,200 €
Stamp Duty
2,808 €