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Building for sale in Pano Lakatamia, Nicosia

Pano Lakatamia, Nicosia, Cyprus
Building for sale in Pano Lakatamia, Nicosia 492 Pano Lakatamia
Offers in the region of
750000 €750,000  ($793,525)
Pano Lakatamia, Nicosia
Offers in the region of
€750,000  ($793,525)
Bank Owned Property

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Compared currency flag Pay in USD and save up to $27,773

Average Bank Rate (€750,000)
1 USD = 0.9132 EUR

Mid-market rate (€750,000)
1 USD = 0.9452 EUR

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 823600 (119280)
  • Total covered area: 650 sqm
  • Plot: 2420 sqm


Two-storey building in Agios Nikolaos Quarter in Lakatameia Municipality, at a very close distance north of the Lakatameia Fifth Primary School, and at a distance of 355 meters (approx.) south of Pefkou street. The property has very good access to the neighboring municipalities, the city of Nicosia and to all necessary amenities.The building was constructed in 2003 with the necessary Building Permit as a kindergarten and its level of construction and maintenance is good. It operates as a kindergarten and it consists of a basement, ground floor and a first floor. The area of the internal spaces is 650 sqm (approx.), the basement 800 sqm (approx.) and an additional storage area of 130 sqm (approx.).The building is rented for €3300/month and a yield of 5,3%.It is considered as an appealing investment opportunity.  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 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.  - - - - - - - - - - - - - District: Nicosia Municipality: Lakatameia Quarter: Agios Nikolaos

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Disclaimer - Property reference 823600. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars.

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