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Commercial Development for sale in Lakatamia, Nicosia

Lakatamia, Nicosia, Cyprus
Commercial Development for sale in Lakatamia, Nicosia 584 Lakatamia
Offers in the region of
330000 €330,000 ($356,776)
Commercial Development
Lakatamia, Nicosia
Offers in the region of
€330,000  ($356,776)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $12,487

Average Bank Rate (€330,000)
1 USD = 0.8937 EUR

Mid-market rate (€330,000)
1 USD = 0.9250 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: 960530
  • Total covered area: 300 sqm
  • Plot: 1060 sqm
  • Resale built in 2013


Two under construction two-storey houses within a large plot of 1060 sq.m., in a quiet location in Agios Nikolaos Quarter in Lakatameia Municipality. It is situated on Varkizas Street and Karatsiniou Street, 550 meters west from the Orfeas Avenue, approximately  300 meters south of Pefkou road and 1.3 km south of ‘ALFAMEGA’ supermarket.The area is easily accessible and is within close proximity to schools, shops and other amenities. In addition, the property has easy access to the motorway.The houses are located on the northern part of the property. Note that approximately 50% of the construction works of both houses have already been completed. Between the two properties there is also a swimming pool and a covered parking space.The houses have similar design and according to the architectural plans they consist of an open plan a living room, a dining area and a kitchen, a guest toilet and verandas on the ground floor. The 1st floor consists there are three bedrooms and a main bathroom with WC. The master bedroom is ensuite. The area of the internal spaces is 150 sqm (approx.), the covered verandas 6 sqm (approx.) and the parking space 14sqm (approx.) for each house.It is important to mention that there is a building permit (expired) for the construction of 5 house. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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: Lakatameia Quarter: Agios Nikolaos

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Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€568 ($614)
If buying on joint names
€568 ($614)
Transfer fees
If buying as an individual
€9,800 ($10,595)
If buying on joint names
€6,550 ($7,081)

Disclaimer - Property reference 960530. 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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