Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Shop - Panagia, Nicosia

Nicosia - Ref. PR32652Map

Shop-Nicosia Municipality-PR32652
Shop-Nicosia Municipality-PR32652
Shop-Nicosia Municipality-PR32652
Shop-Nicosia Municipality-PR32652
Shop-Nicosia Municipality-PR32652
Shop-Nicosia Municipality-PR32652
Shop-Nicosia Municipality-PR32652
Shop-Nicosia Municipality-PR32652
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Shop - Panagia, Nicosia

Ref. PR32652

Not subject to VAT


Indicative Price

Ground floor shop with mezzanine level in a central location in Panagia Quarter, in Nicosia Municipality. It abuts on Nemeseos street, at a distance of approximately of 250 meters southwest of the Frederick University. 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 whole ground floor of the building and operates as a gym. The shop consists of open plan gym area on the ground floor and two separates stairs that leads to the mezzanine. The mezzanine consists of open plane space, kitchen, 4 toilets and showers. The ground floor area is of 409sqm. The shop has a large shopfront as it is facing two roads. 

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

The property is rented for €1500/month and provides return of 4.7%.

Gray Standard deadline time (JPG)

Gray Standard deadline time (JPG)

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.

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.

District: Nicosia

Municipality: Nicosia Municipality

Quarter: Panagia

Unit No: 001


  • Enclosed area: 409 m2
  • Land: 945 m2
  • Title deed: The property has a separate title deed
  • The property is rented

Services and facilities

  • Parking : 4 Covered + 3 Uncovered
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Storage room

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
1/857 21/470104 1 408
  • Planning zone: Κα3
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.


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