Property for sale
Latsia, Nicosia, Cyprus
£1,396,892 *
[€1,600,000]
Full Description
PRIME COMMERCIAL FIELD IN THE HEART OF LATSIA – DUAL ROAD FRONTAGE ON MAIN AVENUES
REDUCED FROM 2.000.000 TO 1.600.000
This property is a commercial field with an exceptional location in the center of Latsia, one of Nicosia’s most dynamic and fast-developing areas. It enjoys outstanding visibility with road frontage on two major avenues — 60 meters on Giannou Kranidioti Avenue and 50 meters on Arch. Makariou III Avenue — making it ideal for businesses seeking high exposure.
The field has a total land area of 1,600 sqm and is surrounded by a wide range of commercial activity including retail stores, major supermarkets, restaurants, cafes, pharmacies, and bakeries. It is just a 5-minute drive from Nicosia General Hospital, the Mall of Cyprus, IKEA, and other large retailers. The location also offers excellent access to the highway, making it highly convenient for both customers and staff.
Key features:
Land area: 1,600 sqm
Planning zone: Commercial
Building density: 140%
Coverage ratio: 50%
Road frontage: 60m on Giannou Kranidioti Avenue
Road frontage: 50m on Arch. Makariou III Avenue
Prime location in Latsia’s commercial center
Surrounded by supermarkets, retail outlets, restaurants, and essential services
5-minute drive to Nicosia General Hospital, Mall of Cyprus, and IKEA
Excellent access to the highway
Whole share ownership
Suitable for commercial developments such as shops, offices, or medical centers
Latsia is a rapidly growing suburb of Nicosia, known for its excellent infrastructure, strategic location, and vibrant commercial activity. Over the past decade, it has transformed into one of the capital’s most desirable areas for both residential living and business development. Its appeal lies in its easy access to the highway, making travel to and from the city center, Larnaca, and other major areas quick and convenient.
The area is home to a wide range of amenities including large supermarkets, retail outlets, restaurants, cafes, schools, and healthcare facilities. Major landmarks such as the Mall of Cyprus, IKEA, and Nicosia General Hospital are just minutes away. Thanks to its dynamic growth and prime location, Latsia continues to attract both investors and families looking for convenience, accessibility, and modern infrastructure.
Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.
Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.
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