Plot for sale
Latsia, Nicosia, Cyprus
£1,175,242 *
[€1,350,000]
Full Description
We are pleased to present an industrial plot for sale in Latsia, situated in an exceptionally strategic location with direct and uninterrupted visibility from the Nicosia–Limassol motorway.
The plot is located in Latsia and represents an excellent investment opportunity for companies seeking maximum commercial exposure together with easy access to Nicosia, Limassol, and Larnaca.
The plot is suitable for:
• Light industrial development
• Warehouses
• Showrooms
• Office buildings
• Corporate headquarters and high-visibility commercial premises
It is particularly suitable for companies such as:
• Television stations
• Telecommunications companies
• Import and distribution businesses
• Logistics and distribution centres
Plot Details:
• Plot Size: 5.16 donums (6,894 sqm)
• Road widening affected area: 365 sqm
• Green area allocation: 1,003 sqm
• Net usable area after deductions: 5,526 sqm (4.13 donums)
Planning & Zoning Information:
• Zone ?a3 covering 99% of the plot
• Zone ?a3 covering 1% of the plot (74 sqm)
• Building Density: 100%
• Coverage Ratio: 60%
• Permitted Floors: 2
• Permitted Building Height: Unlimited
• Green Area Requirement: 15%
Development Potential:
The plot allows for approximately 5,140 sqm of development, of which:
• 1,040 sqm (20%) may be used for offices/showrooms
• 4,100 sqm (80%) may be used for industrial or warehouse space
Additional advantages:
• Basement construction is permitted and does not count towards the building density allowance
• The unlimited building height offers significant advantages for warehouse storage capacity through the use of shelving systems or mezzanine levels
Access:
• The property benefits from two separate access points:
The newly constructed bridge in the area provides excellent connectivity and direct access to:
• Nicosia
• Limassol
• Larnaca
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