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Four-storey building with a basement located in Engomi, Nicosia

Egkomi, Nicosia, Cyprus

1 / 11

Ref · 11988

For Saleapartment

€1,875,000

1,153/m²

0

Beds

0

Baths

1626m²

Area

1978

Built

RealDeal Estates

Listed by RealDeal Estates

Verified AnyDoor partner · Lic. 347/E

Response usually within a few hours

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.<br> <br> Building Composition based on new architectural measurements:<br> Ground Floor Shop: 354sq.m.<br> Mezzanine: 166sq.m.<br> Floors 1–3: Three office floors of 344sq.m. each.<br> Floor 4: 74sq.m.<br> Basement: Approximately 358sq.m., providing ample parking spaces and auxiliary rooms.<br> <br> Strategic Location:<br> 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.<br> <br> Occupancy Status:<br> Ground Floor &amp; Mezzanine: Currently occupied; please note there are ongoing legal actions regarding these units.<br> Upper Floors (1–3): Currently vacant and available for immediate use or leasing.<br> <br> 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.<br> <br> Energy Category: C

General

Type
Apartment
Year built
1978
Furnished
Yes

Areas

Plot area
707 m²
Total area
1626 m²

Location

Approximate location. Exact address shared after viewing request.

Side-by-side with up to 4 properties — yields, prices, locations.

Management options

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Fractional ownership · Q2 2026

Own a fraction of this property.

Lower entry, same yield, transparent SPV. Notify me when fractional opens for Nicosia.

Yield, IRR and scenarios are derived from comparable transactions and 24-month rental data. Read the methodology.