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Mixed Use Project for sale in Lakatamia, Nicosia

Lakatamia, Nicosia, Cyprus
Mixed Use Project for sale in Lakatamia, Nicosia 634 Lakatamia
Offers in the region of
570000 €570,000 ($612,248)
Mixed Use Project
Lakatamia, Nicosia
Offers in the region of
€570,000  ($612,248)
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 $21,429

Average Bank Rate (€570,000)
1 USD = 0.8995 EUR

Mid-market rate (€570,000)
1 USD = 0.9310 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: 957159
  • Bedrooms: 6
  • Bathrooms: 2
  • Total covered area: 743 sqm
  • Plot: 799 sqm
  • Resale built in 1975


TENDER SUBMISSION DEADLINE: TUESDAY 3 JANUARY, 10:00 a.m. Two-story mix-use building in Agios Nikolaos Quarter in Lakatameia Municipality. It is situated on Aigaiou Street and Tilou Street, 20 meters (approx.) west of the Pedieos river and 830 meters (approx.) north  of the Agios Georgios Avenue..It is located close to a plethora of amenities and services such as shops, supermarkets, restaurants etc. In addition, it enjoys good access to the neighboring communities and municipalities.The building was constructed in 1975 and it consists of one shop on the ground floor and two houses on the floor.The shop  operates as a supermarket and it consists of a ground floor and basement. The ground floor of unified exhibition area and the basement consists of two WC and storage room. The area of the internal spaces is 315 sqm (approx.) and the basement is 480 sqm (approx.).The houses have similar design and consist of an open plan living room with fireplace and dining area, a kitchen, an office, a guest toilet and veranda, while on the first floor there are three bedrooms and a bathroom. The area of the internal spaces is 214 sqm (approx.), the covered verandas 13 sqm (approx.) and the uncovered verandas 44 sqm (approx.) for each house.It is noted that the shop is rented for €1,300/month and the houses is vacant. 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. District: Nicosia Municipality: Lakatameia Quarter: Archangelos / Anthoupolis

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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
€1,048 ($1,125)
If buying on joint names
€1,048 ($1,125)
Transfer fees
If buying as an individual
€19,400 ($20,838)
If buying on joint names
€16,000 ($17,186)

Disclaimer - Property reference 957159. 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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