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Shop for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Shop for sale in Nicosia Walled Old City, Nicosia 35 Nicosia Walled Old City
Offers in the region of
295000 €295,000 ($319,343)
Nicosia Walled Old City, Nicosia
Offers in the region of
€295,000  ($319,343)
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 $11,177

Average Bank Rate (€295,000)
1 USD = 0.8925 EUR

Mid-market rate (€295,000)
1 USD = 0.9238 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: 963467


Four unified shops with a mezzanine located within the walls of Nicosia in the Agios Savvas Quarter, 280 meters northeast of Eleftherias Square and 150 meters northwest of the roundabout, known as “OXI".The property is in a prime retail location while is also ideal for residential use. Within walking distance are many amenities and services such as shops, supermarkets, banks, schools, etc. In addition, it has excellent access to the Nicosia town center.The shops are located on the ground floor of the building and the level of construction and maintenance is average. It has been formed from the unification of four adjacent shops and consists of an open plan display area on the ground floor, an open space and  three WC on the mezzanine floor and a storage area on the basement. The total ground floor area is 253 sqm (approx.), the mezzanine area is 176 sqm (approx.), the basement area is 120 sqm (approx.) and the uncovered veranda is 12 sqm (approx.)It is important to note that the property has separate title deed.Note that the property is occupied. 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: Nicosia Municipality Quarter: Agios Savvas

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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
€498 ($539)
If buying on joint names
€498 ($539)
Transfer fees
If buying as an individual
€8,400 ($9,093)
If buying on joint names
€5,675 ($6,143)

Disclaimer - Property reference 963467. 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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