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Four-storey building with a basement located in Engomi, Nicosia — 1984 m²For Sale

Four-Storey Building with a Basement Located in Engomi, Nicosia — 1984 m²

Ref. LX-900429
Covered
1984 m²
Plot
707 m²
Year
1978
Price
€1,875,000
Commercial
Your advisor for this property
Stavroula Michail

Stavroula Michail

Founder / Director

Languages: Greek & English

About this property

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. Building Composition based on new architectural measurements: Ground Floor Shop: 354sq.m. Floors 1–3: Three office floors of 344sq.m. Basement: 358sq.m., providing ample parking spaces and auxiliary rooms. Strategic Location: The asset is ideally situated just 20m north of Griva Digeni Avenue, one of Nicosia’s most prestigious commercial corridors. It is also approximately 300m northeast of the "Kyriakos Neokleous" Primary School. Engomi consistently experiences high demand for both commercial and residential units due to its proximity to universities, embassies, and major corporate offices. 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

Location

Egkomis, Nicosia
Directions
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