Property 57809 Engomi, Nicosia / 49116

Prime mixed-use building in Engomi, Nicosia.

Price 1,875,000
Estimated mortgage 6,457 /mo
Key facts 1,918 m² 707 m²

Overview

Community Engomi
District Nicosia
Property type Building
Built area 1,918 m²
Plot area 707 m²
Reference 49116

Property Description

An outstanding investment opportunity in a four-storey mixed-use building with a basement and mezzanine, located in the high-demand district of Engomi, Nicosia.
Strategic Location:
• The asset is ideally situated in one of Nicosia’s most prestigious commercial corridors.
• Engomi consistently experiences high demand for both commercial and residential units due to its proximity to universities, embassies, and major corporate offices.
Building Composition:
• Ground Floor Shop: Approximately 340 sq.m.
• Mezzanine: Approximately 148 sq.m.
• Floors 1–3: Three office floors of approximately 310 sq.m. each.
• Basement: Approximately 500 sq.m., providing ample parking spaces and auxiliary rooms.
Occupancy Status:
Ground Floor & Mezzanine: Currently occupied; please note there are ongoing legal actions regarding these units.
Upper Floors (1–3): Currently vacant and available for immediate use or leasing.
• The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.
Note: Pending issuance of Energy Performance Certificate (EPC).

Property Highlights

General Features

Resale Unfurnished

Services

Electricity Water

Spaces

Basement

Sustainability / Energy

Energy efficiency rating Energy data pending

Location

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