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Pay in USD and save up to $74,915Commercial 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 Εβ3 and Εβ4, 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.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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