REDUCED
€1,075,000
Building
Covered: 625m²
Plot: 549m²
Nicosia, Engomi

Building in Engomi For Sale - Ref. BC15627


HIGH-VISIBILITY MIXED-USE BUILDING IN NICOSIA
SHOWROOM, OFFICE, AND RESIDENTIAL UNIT ON PRIME COMMERCIAL AVENUE
IDEAL FOR INVESTMENT OR OWNER-OCCUPIER USE

REDUCED FROM 1.350.000 TO 1.075.000 EUROS

This mixed-use building is situated in a highly visible and accessible area of Nicosia, along a main commercial avenue with a generous 20-meter frontage, offering excellent exposure for businesses. Just a short drive from major retail hubs and key transport routes, the property enjoys close proximity to a wide range of amenities including shops, restaurants, universities, and schools, making it ideal for both commercial and residential use.

The building is set on a 549 sq.m. plot and is arranged across multiple levels. The ground floor features a spacious showroom of 250 sq.m., complemented by a 110 sq.m. mezzanine and a large 345 sq.m. basement—ideal for retail or display purposes with ample storage. The first floor hosts a well-sized office space of 110 sq.m., perfectly suited for professional or administrative use.

On the second floor, a bright and comfortable apartment offers 125 sq.m. of internal living space, including an open-plan kitchen, living and dining area, three bedrooms (one en-suite), and a family bathroom. The apartment also includes 30 sq.m. of covered verandas and 46 sq.m. of uncovered verandas, adding valuable outdoor space.

With its versatile layout, prominent location, and strong mixed-use potential, this property presents an excellent opportunity for investors or business owners looking to capitalise on a well-positioned asset in one of Nicosia’s most active districts.

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. 

Engomi is a suburb and municipality of the Cypriot capital Nicosia. In 2011, it had a population of 18,010. Of these, 14,254 were citizens of Cyprus.It is a mainly residential neighborhood with many large villas. It also includes a very important annex to the powerful Monastery of Our Lady Eleousa. The University of Nicosia is also located within the municipality and thus is home to a large student population.

Nicosia, the capital of Cyprus, is home to many beautiful landmarks that embody the island’s fascinating history. From ancient monuments to exquisite galleries like the Nicosia Municipal Arts Centre, here’s what shouldn’t be missed when you’re in Nicosia

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.

Air Conditioning
Airport 45 minutes
Amenities: Walking Distance
Balcony
International school 15 minutes
Local School Nearby
Master Bedroom
Reduced
Town: 5 min drive
Unfurnished

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PROPERTY INQUIRY

TRANSFER FEES

€39,600
IF BUYING AS AN INDIVIDUAL
€36,200
IF BUYING ON JOINT NAMES
Please note that the above calculations are an indication of your tax liability when buying a property in Cyprus for €1,075,000. The Cyprus Land Registry calculations may based on thier own property valuation price not reported sale price and therefore fees might differ to what is shown above.
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