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Commercial Building - Akaki, Nicosia

Nicosia - Ref. PR10247Map

Commercial building-Akaki-PR10247
Commercial building-Akaki-PR10247
Commercial building-Akaki-PR10247
Commercial building-Akaki-PR10247
Commercial building-Akaki-PR10247
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Commercial Building - Akaki, Nicosia

Ref. PR10247

Not subject to VAT

1,500,000

Indicative Price

Two-storey building in a Akaki Community in Nicosia District, at a distance of 300 meters (approx.) north of the Community center and 1 km west of Akaki Gymnasium.

The property is located on Nicosia – Troodos main road and is situated close to all necessary amenities and services such as supermarkets, shops, cafes. In addition, it has excellent access to the neighboring communities.

The building  was constructed in 2012 and is in an excelent condition and maintenance . It consists of a ground floor shop and offices in the mezzanine level and the 1st floor. The basement consists of parking and storage spaces.

The area of the ground floor is 459 sqm (approx.), the mezzanine level 366 sqm (approx.),  the 1st floor 474 sqm (approx.) and the basement 588 sqm (approx.).

The building is rented with a rent of €5.000/month and a yield of 4%. It is considered as an appealing investment opportunity. 

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

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

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

District: Nicosia

Municipality: Akaki

Characteristics

  • Enclosed area: 933 m2
  • Mezzanine: 366 m2
  • Land: 1,678 m2
  • Year built: 2012
  • The property is rented

Services and facilities

  • Parking
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Storage room

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
0/13112 29/05 0 1388
  • Planning zone: Η2
  • Building Coefficient: 90%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30
Registration number Sheet/Plan Block Parcel Number
0/5816 29/05 0 625
Registration number Sheet/Plan Block Parcel Number
0/5986 29/05 0 682
  • Planning zone: Η2
  • Building Coefficient: 90%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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Open in Google Maps (35.13652801513672, 33.127830505371094)

Energy Category

energy rating

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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