Four-storey building with a basement located in Engomi, Nicosia
Egkomi, Nicosia, Cyprus
Ref · 11988
€1,875,000
€1,153/m²
0
Beds
0
Baths
1626m²
Area
1978
Built
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 & 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.
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Explore managementFractional 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.