Description

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. Strategic Location: • The asset is ideally situated in 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. 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. 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. Note: Pending issuance of Energy Performance Certificate (EPC).