Property 2201 Latsia, Nicosia / 44904

Location - This commercial field is situated in the popular and well-developed Agios Georgios Quarter of Latsia Municipality, within the Nicosia District. The property enjoys a strategic location adjacent to key landmarks. - The area benefits from a wide range of amenities, including supermarkets, shops, schools, restaurants, and other essential services.

- Additionally, the field offers excellent access to the Nicosia–Limassol motorway, ensuring seamless connectivity to the broader region. External Features - The property is directly accessible from a registered asphalt road. It boasts an impressive road frontage of approximately 85 meters.

The field is bordered by government land to the north, further enhancing its accessibility and future development potential. It is important to note that a portion of the western side of the property is subject to compulsory acquisition. Internal Characteristics - Spanning approximately 5,360 square meters, the field has an irregular shape with a level surface, making it suitable for development.

- The land falls within the Εβ4 commercial planning zone, which allows for a building factor of 140% and a maximum of two floors — offering a solid foundation for commercial or mixed-use development. Advantages - This field presents a rare opportunity for land developers seeking a commercial project in one of the most active and expanding areas of Nicosia. Its proximity to prominent facilities and its excellent road exposure makes it particularly attractive for retail, office, or mixed-use developments.

The surrounding area already attracts significant foot and vehicle traffic, adding value to any future development. Special Features - Prime commercial zoning (Εβ4) - Large road frontage (85 meters)

- Adjacent to school and supermarket - Easy access to the highway - Development potential for two-story buildings - Surrounded by government and institutional land

- Reserve Price Notice - Tenders submitted for an amount below the Reserve Price shall be rejected.