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Building for sale in Palaiometocho, Nicosia

Palaiometocho, Nicosia, Cyprus
Building for sale in Palaiometocho, Nicosia 222 Palaiometocho
Palaiometocho, Nicosia
Bank Owned Property


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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $8,207

Average Bank Rate (€220,000)
1 USD = 0.9065 EUR

Mid-market rate (€220,000)
1 USD = 0.9383 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: 1047849 (122753)
  • Bedrooms: 1
  • Bathrooms: 1
  • Total covered area: 400 sqm
  • Plot: 5246 sqm
  • Resale built in 2007


Available for sale is a building in Paleometocho village, in Nicosia District. It is situated in a unique location, at a distance 250 meters (approx.) south from Kokkinotrimithia – Nicosia motorway and 1 kilometer southeast from the newly build mall named ‘‘NEO PLAZA’’.The property is situated in an agricultural area of Paleomoetocho village, surrounded by agricultural land and scatter residential developments.The building is situated in a field with irregular shape and abuts onto a registered dirt road on its northern boundary with frontage of about 12 meters (approx.).The building was constructed around 2007 and has acquired a Permit to be transformed as an event/reception hall. It consists of a reception hall, WCs, storage spaces, kitchen and a bedroom (en-suite) on the ground floor and large basement space. The total area of the ground floor is 400sq.m. (approx.) and 290sq.m. the basement.It is important to note that the property is vacant. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). - - - - - - - - - - - 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: Paleometocho

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Disclaimer - Property reference 1047849. 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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