Four unified shops with a mezzanine located within the walls of Nicosia in the Agios Savvas Quarter, 280 meters northeast of Eleftherias Square and 150 meters northwest of the roundabout, known as “OXI".

The property is in a prime retail location while is also ideal for residential use. Within walking distance are many amenities and services such as shops, supermarkets, banks, schools, etc. In addition, it has excellent access to the Nicosia town center.

The shops are located on the ground floor of the building and the level of construction and maintenance is average. It has been formed from the unification of four adjacent shops and consists of an open plan display area on the ground floor, an open space and  three WC on the mezzanine floor and a storage area on the basement. 

The total ground floor area is 253 sqm (approx.), the mezzanine area is 176 sqm (approx.), the basement area is 120 sqm (approx.) and the uncovered veranda is 12 sqm (approx.)

It is important to note that the property has separate title deed.

The property is vacant and is suitable for personal use or for rental purposes that could obtain a satisfactory rental rate.

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: Agios Savvas