#14776
For Sale, Four-storey building in Egkomi, Nicosia
1,875,000€
#14776
For Sale, Four-storey building in Egkomi, Nicosia
1,875,000€
-
5
-
5
Resale 1978
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 Egkomi, Nicosia.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. Strategic Location:The property is ideally situated just 20m from Griva Digeni Avenue, 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. Occupancy Status: 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.
Property Info
14776
1,875,000€
Nicosia
Details
Building Type:
Mixed-use Building
Construction Stage:
Resale
Floor Number:
-1
No. of Floors in building:
5
Parking:
12
Construction Year:
1978
Areas
Plot Area:
707m²
Total Area:
1,918m²
Mortgage Calculator
Amount Financed:
Mortgage Payments:
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Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.
