Four story building with basement - Engomi, Nicosia

Description

An excellent investment opportunity in a four-storey mixed-use building with basement and mezzanine, ideally located in the high-demand district of Engomi, Nicosia — one of the city’s most active areas for business, offices, and commercial activity.

📊 Building Compositio
• 🏬 Ground Floor Shop: approx. 340 sq.m.
• 🏢 Mezzanine: approx. 148 sq.m.
• 💼 Floors 1–3: Three office floors, approx. 310 sq.m. each
• 🚗 Basement: approx. 500 sq.m., offering ample parking spaces and auxiliary rooms

📍 Strategic Location
The property enjoys a prime commercial position:
• 📍 20m north of Griva Digeni Avenue, one of Nicosia’s most prestigious commercial corridors
• 🏫 Approx. 300m northeast of “Kyriakos Neokleous” Primary School

✨ Engomi is a highly sought-after area thanks to its proximity to universities, embassies, government offices, and major corporate headquarters, ensuring strong demand for both commercial and office spaces.

🏢 Occupancy Status
• 🏬 Ground Floor & Mezzanine: Currently occupied (please note there are ongoing legal actions regarding these units)
• 💼 Floors 1–3: Vacant and available for immediate use or leasing

💼 Investment Advantage
The property is held within a Special Purpose Vehicle (SPV).
✔️ No Transfer Fees
✔️ No VAT applicable when acquiring the company shares

📄 Additional Information
• Pending issuance of Energy Performance Certificate (EPC).

Reference: K46000AL