Mixed Use Project for sale in Nicosia Walled Old City, Nicosia

The property for sale is part of a building (1 shop & 1 workshop on the ground floor, 1 office on the mezzanine and an apartment on the 1st floor) in an active and central location within the city walls of Nicosia municipality. It is located on Diogenous Street (no.8), approximately 255 meters west from the Cathedral of Agios Ioannis and approximately 35 meters west from the Nicosia City Hall.It is close to all kinds of services and facilities. An advantage of the property is its proximity to the center of Nicosia. It is an excellent location with intense traffic throughout the day which presents an increased demand for commercial real estate.The ground floor consists of a shop (northern) and a workshop (central and southern). The mezzanine consists of an office. Access to the mezzanine is via an internal staircases. The first floor consists of a two-bedroom apartment with a kitchen, a shower and a toilet.The area of ​​the shop is approximately 40 sq.m., approximately 110 sq.m. for the workshop, approximately 40 sq.m. the mezzanine and approximately 54 sq.m. the apartment.The building is rented for €400/month.It is noted that the property for sale is the 1/2 undivided share of the above commercial building. The share for sale has  a total rental income of €200/month.The property falls within ancient monuments area. 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: Nicosia Municipality Quarter: Omerie