The properties for sale, (incomplete building and 5 apartments) are located in an active location in the parish of Agios Nikolaos in the Municipality of Lakatamia, in Nicosia District.

The southeastern (Block 1) building is incomplete. There is a fully constructed M.O.T. workshop. while the rest of the building has columns up to the 1st floor. The northwestern building (Block 2) is completed and for sale concerns 5 apartments.

The properties are ideally located near a multitude of services and amenities, such as schools, banks, supermarkets, shops, etc. In addition, they have excellent access to the center of the Municipality. The location of the properties is considered excellent and has an increased demand for residential/commercial properties due to its attractiveness and accessibility.

The incomplete building (Block 1) consists of a parking space & a storage area in the basement. The ground floor consists of a car workshop with a mezzanine. The workshop has approximately 81 sq.m. (approx) and approximately 36 sq.m. mezzanine. The incomplete building (Block 1) is empty while the workshop is occupied.

The five apartments (101-104 & 202 – Block 2) are part of a residential complex called "Evlambia Block B" which was built around the year 2013. The five apartments are similar and are of 2-bedrooms capacity. The area of ​​the interior spaces ranges from 75-81 sq.m. (387 sq.m. in total) and the covered verandas from 14-17 sq.m. (total 76 sq.m.). The apartments with no. 101 & 103 are occupied, while the apartments with no. 102, 104 & 202 are vacant.

It is worth noting that based on permits, the basement consists of parking spaces and storage areas while on site it has been used (Block 1-Block 2) as a M.O.T workshop. The basement has a total area of ​​ approximately 689 sq.m.

The apartments do not have a separate title but have a distribution agreement and the share for sale (914/2199 shares) concerns the apartments with No. 101-104 & 202 (Red Color) and as shown in the attached 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: Lakatameia

Quarter: Agios Nikolaos