Large scale commercial corner plot, in STELMEK area, in Lakatamia Municipality in Nicosia District. It is situated in the wider area of Makedonitissa, at a distance of 700m (approx.) southwest of the church of Agios Panteleimonas and 570m (approx.) west of the main road leading to the newly build ‘‘Nicosia Mall’’.

It has a regular shape with level topography and abuts onto public registered roads with frontage of approximately 175m. It abuts onto the junction of Empedokleous & Isokratous streets, on its southern & western boundary. It is important to mention that the plot abuts onto pedestrian road along its eastern boundary.

The property has the potential for large scale mixed-use development which will convenience the needs of the residents of the surrounding area. It lies withing the Commercial Zone Eβ with Building Coefficient 90% and Coverage Coefficient 45%.

The surrounding area is mostly characterized by residential development, with many plot divisions and house developments. The STELMEK area is considered as one of the most promising residential areas of Nicosia. 

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: Archangelos / Anthoupolis