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6,894 SQM Land
Latsia, Nicosia

€1,350,000  ($1,564,396)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/E

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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 $54,754

Average Bank Rate (€1,350,000)
1 USD = 0.8338 EUR
$1,619,150

Mid-market rate (€1,350,000)
1 USD = 0.8630 EUR
$1,564,396

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: 8658675 (41542)
  • Plot: 6894 sqm

Description

For Sale – Prime Industrial Property with Highway Exposure in Latsia, Nicosia

A unique industrial property in a highly strategic location in Latsia, directly facing the Nicosia–Limassol highway with uninterrupted visibility and exposure. Positioned opposite the former Pittas cheese factory site, the property offers exceptional commercial prominence, making it ideal for companies seeking both operational functionality and strong brand visibility.

Perfect for:
• Light industrial developments
• Warehouses and logistics facilities
• Corporate headquarters
• Offices and showrooms
• Telecommunications or media companies
• Businesses seeking high-profile highway exposure

Property Details:
• Total land area: 6,894 sqm
• Road widening area: 365 sqm
• Green area allocation: 1,003 sqm
• Net usable area after deductions: 5,526 sqm

Planning Zone & Development Potential:
• 99% of the property falls within Βα3 industrial zone
• 1% falls within Δα3 zone
• Building density: 100%
• Coverage ratio: 60%
• Permitted: 2 floors with unlimited building height
• Green area requirement: 15%

Development Potential:
• Approx. 5,140 sqm buildable area
• Up to 20% (approx. 1,040 sqm) can be used for offices/showrooms
• Approx. 4,100 sqm can be used for industrial or warehouse space
• Additional basement space can be constructed without affecting permitted buildable area

Additional Advantages:
• Unlimited building height allows for maximum warehouse efficiency through mezzanines, shelving systems, or elevated storage solutions
• Two separate access points for easy logistics and transportation
• Excellent connectivity to Nicosia, Limassol, and Larnaca via the nearby new bridge infrastructure
• Permanent unobstructed highway visibility with no future obstruction in front of the property

An exceptional investment and development opportunity for businesses looking to combine industrial functionality with outstanding commercial exposure in one of Nicosia’s most accessible industrial areas.

Contact Cyprus Properties today to arrange a viewing!

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€50,600 ($58,636)
If buying on joint names
€47,200 ($54,696)

Disclaimer - Property reference 8658675. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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