Four shops and one upper floor house in Tripioti Quarter in Nicosia Municipality. The building abuts Pasikratous & Ippokratous Street, it is situated at a distance of 150 meters (approx.) northeast from “Eleftheria” square and it is across from the the “Leventis” Municipal Museum of Nicosia.

The area is characterized by a multitude of services and facilities, which are provided mainly on its main streets. An advantage of the property is its proximity to the center of Nicosia.

It is noted that each unit has a separate title deed. The upper floor unit is listed as an upper floor house on the title deed while on site it has been converted into a cafe/restaurant. The four ground floor units have been unified and operate as a single shop.

It is noted that the four shops will be vacated (freehold) following the Court Order. The delivery of the decision awaits. The house on the upper floor is vacant.

The properties are being sold together. We do not accept offers for each unit separately.

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).

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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: Tripiotis