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Commercial for sale

Latsia, Nicosia, Cyprus

£2,450,773 *  [€2,900,000]

Commercial for sale

Latsia, Nicosia, Cyprus

£2,450,773 *  [€2,900,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Habitable space: 10638 m2

Full Description


Development opportunity in a vacant property on a well proportioned site extending to about 10.638 sq.m. (105m wide x 110m depth).

The asset is surrounded by mainly large commercial and industrial units and is within close proximity to the Mall of Cyprus, the Nicosia general hospital and the main motorway.

The industrial building within the land is two-storey high and is situated on the northern boundary of the parcel.

The basement of approximately 550 sq.m. consists of a reception area, 2 storage rooms, a dining room and toilets.

The ground floor of approximately 1,700 sq.m. consists of 2 office spaces, a small kitchen, storage spaces, a freezer room, an open-plan space and an electrical substation.

The 1st floor of approximately 295 sq.m. consists of 3 office spaces, toilets, a room and covered verandas.

The property is subject to a compulsory purchase order for road network of approximately 2.318 sq.m., for public green area of approximately 800 sq.m. and for public pedestrian pathway of approximately 160 sq.m., resulting in a total net area of approximately 7.360 sq.m.
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This property listing (ref: 46299) is an advertisement supplied by Kalogirou Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8451 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.