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Commercial for sale

Egkomi, Nicosia, Cyprus

£1,632,280 *  [€1,875,000]

Commercial for sale

Egkomi, Nicosia, Cyprus

£1,632,280 *  [€1,875,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 707 m2
  • Habitable space: 1918 m2

Features


  • Parking, Covered
  • Near amenities

Full Description


Commercial Building with Strong Rental Income for Sale in Egkomi area, Nicosia. It is located in one of the most thriving business centers in Egkomi. The surrounding area provides a variety of amenities and facilities such as shops, taverns, shops, cafes, etc.

In terms of occupancy, the ground floor and mezzanine are currently occupied, noting that ongoing legal actions apply to these units, while the upper floors (1–3) are vacant and available for immediate use or leasing.

The building is held within a Special Purpose Vehicle, and the acquisition of the company shares results in no Transfer Fees and no VAT being applicable to the transaction.

The property falls within planning zones ?ß3 and ?ß4, and the issuance of the Energy Performance Certificate is currently pending.

Overall, this asset represents an ideal opportunity for investors seeking strong rental potential and long-term value appreciation in a prime commercial location in Nicosia.
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Map may not show exact location

This property listing (ref: 55081) is an advertisement supplied by Kalogirou Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.