Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Commercial Building - Geri, Nicosia

Nicosia - Ref. PR10908Map

Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
Commercial building-Geri-PR10908
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Commercial Building - Geri, Nicosia

Ref. PR10908

Not subject to VAT


Indicative Price

Ground floor building in Geri Municipality in Nicosia District, at a distance of 420 meters (approx.) north of Geri Municipality and 140 meters (approx.) north of Agiou Mina Church.

The property is situated close to all necessary amenities and services such as shops, cafes, supermarkets etc. In addition, it enjoys excellent access to the neighboring Municipalities and the city of Nicosia.

The building is used as a bank branch and its level of construction and maintenance is good.  It comprises of a costumer's service area, offices, two WC’s, kitchen, conference room, two strong rooms and an internal yard. The area of the building is 387 sqm (approx.) and the covered verandas 21 sqm (approx.).

The building is vacant.

It is considered as an appealing investment opportunity with great prospects.


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: Geri


  • Enclosed area: 387 m2
  • Veranda : 21 m2 Covered
  • Land: 504 m2
  • Year built: 1979
  • Title deed: The property has a separate title deed

Services and facilities

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

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
1/189 30/1024V01 1 292
  • Planning zone: Πα8
  • Building Coefficient: 140%
  • Coverage Coefficient: 70%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 10

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on (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.


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