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
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).
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
Open in mapsNearby
Airports near the property
50.05 km
106.99 km
Beaches near the property
No nearby places available in this category.
Education
1.17 km
2.65 km
2.73 km
3.18 km
4.11 km
4.18 km
Winery
No nearby places available in this category.
Getting around in Engomi
4.89 km
5.11 km
5.12 km
5.44 km
5.55 km
5.82 km
5.89 km
6.15 km