A mixed-use building consisting of two shops and a ground floor house, which concerns the 1/3 undivided share, which corresponds to a land area of ​​approximately 186 sq.m., in the Municipality of Lakatamia, Nicosia district. It is located approximately 40 meters south of Pefkou Street and approximately 500 meters north-west of the church of Agios Ioannis Chrysostomou. The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it enjoys excellent access to the motorway and the center of Nicosia. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

The parcel has a rectangular shape, a flat surface and a western orientation, with a frontage of approximately 18 meters on a publicly registered road.

The building was erected around 1995. The two shops are located in the northwestern part and the ground floor house is located in the southeastern part.

One shop has an area of approximately 60sq.m.(approx.) and the other shop has an internal area of approximately 102sq.m. (approx.) and covered terraces of approximately 18sq.m.(approx.).

The ground floor house has an internal area of approximately 102 sq.m (approx.) and approximately 18 sq.m (approx.) of covered terraces.

The building was built on a parcel that falls within the residential zone Kα5 with a building factor of 100%.

The property is occupied.

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

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).

- - - - - - - - - - -

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.

 - - - - - - - - - - - - -

District: Nicosia

Municipality: Lakatameia

Quarter: Agios Nikolaos