Property Details
- Property Refrence: 43538
- Agent:
- Property Type: House / Villa
- Property status: Rentals
- Property Price: € 495,000
- Bedrooms: 0
- Bathrooms: 0
- Built: N/A
- Country: Cyprus
- Region: Other
- City: Other
Description
Location • The property is situated in the industrial area of Latsia, Nicosia, offering excellent access to key infrastructure. It lies just 450 metres from the B1 motorway and approximately 1.6 km from the centre of Latsia, providing convenient connectivity to the wider Nicosia district and beyond. Plot Characteristics • This asset concerns a 28% share of an industrial plot with a total extent of approximately 8,486 sq.m. • Upon division, the specific land area allocated to the share will amount to 2,036 sq.m. • The plot has a flat surface, ideal for development purposes. • Access to the property is secured via four registered roads, offering a total frontage of around 175 metres, which enhances the plot’s visibility and logistical advantages. Zoning & Development Potential • The property falls within the Βδ4 Industrial Planning Zone, which allows for a building coefficient of 80%, coverage of 45%, and a maximum of 2 floors. • These development parameters make it suitable for a range of industrial or warehouse uses. Advantages & Special Features • Flat, easily developable surface • Excellent road access with extensive frontage • Proximity to motorway and urban centre • Separate Title Deed available • Distribution Agreement in place, ensuring clarity of share allocation This is a strong opportunity for investors or businesses seeking a strategically located industrial plot with development-ready characteristics and legal clarity.