Ground floor shop with mezzanine level and basement, in a central location in Tektelkale Quarter, in Nicosia Municipality. It abuts on Pouliou Kapota 11 avenue, at a distance of approximately of 175 meters south of the 2nd Technical School of Nicosia and approximately 150 meters east of Toufexi park. The property is situated close to a plethora of amenities and services such as shops, restaurants, schools etc. In addition, it enjoys excellent accessibility to Nicosia city center.

The shop is located on the ground floor of two-storey building. It consists of a display area and WC on the ground floor and a storage area on the basement. The ground floor area is of 75 sqm, the mezzanine level is 37 sqm and the basement’s 103 sqm. The shop has a large shopfront as well. 

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

The property is vacant and is suitable for own use or for rental with good return.

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

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 Asset Management Cyprus Ltd 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 Asset Management Cyprus Ltd (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: Taxtelkale

Unit No: 5