Investment Opportunity

Nicosia
Engomi & Ma/ssa

€ 7,300,000

5,645 m2 Area
9,207 m2 Land
1 Storeys

Property Ref: #9699

Property Description

This prime asset offers a blue chip single tenant occupying the entire building, ensuring a stable and lucrative investment. Strategically positioned in a central location, the property enjoys excellent accessibility, with dual road frontage on either side of the plot. The building serves οne of Cyprus' largest and most prestigious institutions, featuring cutting-edge research facilities. Its design prioritizes natural light and an open atmosphere, with expansive windows that create bright, airy interiors. Architecturally striking, the building's flowing, rounded shapes are masterfully crafted using Alucobond panels in a sophisticated silver metallic and blue finish. The façade showcases a dynamic composition of Alucobond modules with varying widths, seamlessly integrated with fixed opaque glass panels that can be opened or remain stationary. The plot has extra potential to build additional building.

Property Features

Type

Building

Status

Resale

Area

5,645 m2

Land

9,207 m2

Storeys

1

Energy

B

Year

1978

Even More Info

Air Condition

Alarm System

Classic Architecture

Disable Access

Fitted Kitchen

Parking Covered

Raised Floors

Server room

Structured Cabling

Location

Engomi, Engomi & Ma/ssa, Nicosia

CURRENT ASKING PRICES PRICES IN ENGOMI

AVERAGE PRICES TODAY

Flat Price
€ 399,625
House Price
€ 1,285,000
Residential Plot Price
€ 556,250

% PROPERTY TYPES

17 % Houses
10% Plots
73% Flats

% BEDROOMS

14% 1 Bed Flat
25% 2 Bed Flat
43% 3 Bed Flat
2% 3 Bed House
14% 4 Bed House
3% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 202,777
2 Bed Flat
€ 326,062
3 Bed Flat
€ 495,071
3 Bed House
€ 535,000
4 Bed House
€ 1,222,222
5 Bed House
€ 1,135,000

PRICE RANGE

Flats:
€ 140,000 - € 1,115,000
Houses:
€ 450,000 - € 3,500,000
Residential Plots:
€ 280,000 - € 850,000