£1,726,465

Land for sale

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Offers in region of

£1,726,465

€2,000,000

Land for sale

Strovolos, Nicosia, Cyprus

1 reception

Local area information

Property location

This location is approximate only. Contact the agent for the exact address.

Nearby amenities

Features and description

  • Unfurnished
  • Listing id:
  • Online viewing available. Request details for a live walkthrough.
Online viewing available.\nThis rare opportunity concerns a 90% share of a substantial industrial field measuring 12,106 sq.m. (10,895 sq.m. Share), strategically positioned within the highly sought-after Strovolos Industrial Area in Nicosia.

Located on Vithleem Street, the property enjoys superb connectivity just:
\u2022 380m east of Dimitri Vikela Avenue
\u2022 500m north of gsp Stadium
\u2022 Adjacent to the Nicosia\u2013Limassol motorway, offering immediate regional access

The field benefits from a mostly even terrain with a gentle southward slope, making it suitable for a wide range of industrial or logistics developments. Property falls within the Mixed Industrial Zone B allowing the development of office space(s) with production units, production warehouses, showrooms, diy superstores, product storage units.

Key Frontages & Boundaries
\u2022 Approx. 95m of frontage onto a registered public road on its southern boundary
\u2022 Approx. 120m of frontage onto a registered (yet unconstructed) road along the eastern boundary
\u2022 Borders a public footpath to the north
\u2022 The northeastern side adjoins government land, enhancing long-term planning prospects

Road-related compulsory purchase procedures have been completed, with approx. 700 sq.m. Affected, and all road works are already finished.

The property is vacant and located close to all key utility networks including electricity, water, and telecommunication services.

A Unique Industrial Development Prospect

Given its scale, accessibility, extensive frontages, and proximity to major transport arteries, this plot stands out as an exceptional opportunity for investors, developers, or companies seeking to establish large facilities in one of Nicosia\u2019s most established industrial zones.

No distribution agreement in place.

The property falls within a dual Zone \u0392\u03b13\/\u0392\u03951(99%), with a building coefficient of 100%, coverage of 50%, and permission for 2 floors (0m) of construction and Zone \u0391\u0396(1%), with a building coefficient of 0%, coverage of 0%, and permission for 0 floors (0m) of construction.

The property is sold jointly by Themis & Bank of Cyprus:
- 27% share of the property is exclusively owned by Themis Portfolio Management Holdings Ltd
- 63% share of the property is exclusively owned by Bank of Cyprus Public Company Limited", "locale":"en"}], "disclaimer":[{"value":["The property is owned by Themis Portfolio Management Holdings Limited.", "The sale of the property, which comprises of a property share is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.", "The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.", "Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.

You can tour this property via live video chat. We perform video walkthroughs via your favorite mobile chat app (Whatsapp or Viber). Request a viewing now.

Floor plans and tours

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Tours (1)

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More information

Property descriptions and related information displayed on this page are marketing materials provided by - ADDRESS ESTATE AGENTS LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact ADDRESS ESTATE AGENTS LTD for full details and further information.

  1. Zoopla
  2. Overseas
  3. Cyprus
  4. Nicosia
  5. Latsia or Lakkia