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A rare opportunity to acquire a strategically located commercial building in the highly sought-after area of Engomi, offering a combination of immediate rental income and significant upside potential.
Situated on a 521 m² plot, this versatile asset is ideal for investors, developers, or owner-occupiers seeking a well-positioned commercial property in one of Nicosia’s most active business districts.
Property Breakdown:
🏢 Basement: 430 m²
🛍 Ground Floor Retail Space: 232 m² (currently rented)
🏬 Mezzanine: 103 m² (currently rented)
🏢 1st Floor Open Plan Commercial Space: 220 m² (vacant)
🏢 2nd Floor Open Plan Commercial Space: 220 m² (vacant)
Key Investment Highlights:
✅ Immediate income from existing tenants
✅ Two vacant upper floors ready for leasing or owner use
✅ Flexible open-plan layouts
✅ Strong commercial visibility in a prime Engomi location
✅ Excellent long-term capital appreciation potential
✅ Ideal for office use, medical practices, retail headquarters, education centres, or mixed commercial operations
The existing rental income from the ground floor and mezzanine provides immediate returns, while the vacant upper floors allow the new owner to maximise yield through additional leasing opportunities.
This is an excellent opportunity to secure a commercial asset in one of Nicosia’s strongest business locations with both stability and upside.
📩 Contact us for pricing, rental details, and viewings.
REFERENCE NUMBER: CK74014P
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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