- €2 900 000
-
- €273/m2
- 10638m²
- Pre-Owned
- 46299
6762m² Building for Sale in Latsia, Nicosia District
- ID: 4312530
- Posted: 11 months ago
- Modified: 16 hours ago
- Pre-Owned
- 6762m²
Price History
An excellent development opportunity in a well proportioned industrial plot, extending to about 6.762 sq.m. The asset is situated on a high traffic Avenue, Lemesou Avenue Latsia, is surrounded mainly by large commercial and industrial units and offers a wide frontage of about 86m. Additionally, it is situated within close proximity to the Mall of Cyprus, the Nicosia general hospital and the motorway. The property was subjected to a compulsory purchase order for road network of approximately 2.457 sq.m., for public green area of approximately 1.419 sq.m., resulting in a total net area of approximately 6,762 sq.m. The property falls within Zone Βα3/Βε1, with a building coefficient of 100%, coverage of 50%, and permission for 2 floors of construction. This zone, and subject to acquiring the necessary permits, allows the development, amongst others, of: Warehouses Distribution centers Office spaces Product exhibition areas including large products such as cars, electrical appliances or mechanical equipment Stores for home, garden and DIY
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