Βuilding (mixed-use), which concerns the ¼ share, which corresponds to a shop and an apartment in the Kaimakli parish of the Municipality of Nicosia, in the District of Nicosia. It is located approximately 400 meters northwest of the “Bata” roundabout and 810 meters northeast of the Kaimakli 1st Elementary School.

The ¼ share for sale corresponds to the eastern shop on the ground floor and apartment no.202 on the 2nd floor.

The building was constructed around 1985. The eastern shop on the ground floor is currently used as an apartment and consists of an open plan kitchen-living- room and bedroom area and a bathroom with a shower. The apartment consists of an open-plan living room, entryway, and sitting area, a kitchen with a small dining area, a guest bathroom, a bathroom with a shower, and three bedrooms. Externally it consists of covered verandas.

The area of the covered areas of the shop on the ground floor is 35 sq. m. (approx.) and the covered areas of the apartment on the 2nd floor amount to approximately 117 sq. m., the covered verandas to 10 sq. m. (approx.).

It is noted that the property is in process of acquiring a Consensual Court Order for vacant possession (freehold). Additionally, it is expected to be vacated (freehold) at 30/06/2025 and, in the meantime, there won't be any rent.

There is a distribution agreement, and the share corresponds to the eastern shop on the ground floor shown with red color and with the letter “Δ” and to the apartment no. 202 on the 2nd floor which shown with the number “5” on the Distribution Agreement drawing.

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