Commercial Building - Kaimakli, Nicosia
Ref. PR31717
Not subject to VAT
7,000,000
Indicative Price
Six-storey commercial building in a central and lively location in Kaimakli Quarter in Nicosia Municipality, at a distance of 140 meters (approx.) northwest of “BATA” roundabout.
The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops etc. In addition, it enjoys excellent access to the city center.
The level of construction and maintenance of the building is excellent. It consists of two basements with underground parking spaces, ground floor, mezzanine and five upper floors.
The two basements consist of 78 parking spaces and 35 storages.
The ground floor consists of a large shop/showroom with a mezzanine level.
The upper floors consist of open plan high quality office spaces.
The area of the internal spaces (including common areas) is 3650 sqm (approx.) and the basements 2620 sqm (approx.).
Usable shop area: 525 sq.m., plus 296 sq.m. of mezzanine level.
Usable office area: 2,508 sq.m. plus 272 sq.m.of covered verandas.
The second and third floors of the building are rented with satisfactory return.
For the property, an application has been made for the issuance of a final certificate approval.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED
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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.
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 Real Estate 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 Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.
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District: Nicosia
Municipality: Nicosia Municipality
Quarter: Kaimakli
The property is partially rented
Reference | Reg. Nº | Sheet/Plan | Block | Parcel Nº | Share |
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PR31717 | 0/8829 | 21/39E2 | 4 | 980 | 1/1 |
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Alpha Bank Cyprus Ltd