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Pay in USD and save up to $38,605For Sale – Industrial / Commercial Property in SOPAZ Area, Nicosia
A prime industrial and commercial property located in the well-established SOPAZ area of Nicosia, offering multiple buildings and excellent development potential in one of the city’s most strategically positioned mixed-use zones.
The property falls within the Βα1 / ΒΕ1 planning zone and is included in the special EP6 area under the Nicosia Local Plan, allowing for a wide range of uses beyond standard industrial developments.
Permitted Uses Include:
• Industrial and light industrial developments
• Warehouses and storage facilities
• Office spaces
• Showrooms and exhibition areas
• Leisure and recreation spaces (low intensity)
• Higher education facilities
• Student residences
• Mixed-use developments
Under certain conditions, the legislation also allows for transfer of building density from adjacent zones.
Property Features:
• Located in a highly organized industrial / commercial area
• Excellent accessibility and close proximity to Nicosia city centre
• Surrounded by industrial, commercial, and mixed-use properties
• Residential developments located south of the property
• Attractive building and coverage coefficients
Existing Buildings & Areas (approx.):
• Building on northern part of the plot: 1,090 sqm
• Mezzanine in northern building: 450 sqm
• Auxiliary / basement storage area: 330 sqm
• Building on southern part of the plot: 700 sqm
• Mezzanine in southern building: 200 sqm
An exceptional opportunity for investors, developers, educational institutions, or companies seeking a versatile property with strong future potential in a strategic location.
Contact Cyprus Properties today to arrange a viewing!
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.
Disclaimer - Property reference 8633225. 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.
