Plot, For Sale, Nicosia, Paliometocho

Location
• Situated within the developing industrial area of Palaiometocho, this property offers a strategic position on the outskirts of the capital.
• The location provides excellent connectivity to the wider Nicosia district, making it a prime choice for commercial and industrial ventures.
• Key logistical advantages are assured, with the main Nicosia highway located just 1.8 kilometres away for easy island-wide distribution.
• Daily access is simplified by its proximity to Grigori Afxentiou avenue, a major local thoroughfare situated only 430 metres from the site.
• The surrounding area is characterized by ongoing development, positioning any new enterprise within a growing and dynamic business community.
• This convenient setting ensures that staff, suppliers, and clients can easily reach the premises from Nicosia and surrounding suburbs.

External Features
• This expansive industrial field encompasses a total area of approximately 2,967 square metres, offering significant scale for development.
• The plot is defined by a highly desirable rectangular shape and an entirely flat topography, facilitating straightforward and cost-effective construction.
• A key future benefit is the planned road network which will provide the property with direct access and extensive frontage upon completion.
• This proposed infrastructure will cleverly divide the land into two separate, highly functional plots with independent road access.
• The larger of the two resulting fields will measure approximately 1,873 sq.m., boasting an impressive 45.5 metres of direct road frontage.
• A second, smaller field of about 443 sq.m. will also be created, featuring its own substantial frontage of around 44.5 metres.

Advantages - Special Features
• Zoned as Β1 industrial, the property is designated for a wide array of commercial activities, including warehouses and light industry.
• Developers can capitalise on a high building density of 90% and a 50% coverage allowance, permitting extensive and versatile construction projects.
• The planned future road access is a major value-driver, transforming the site into two prime, road-facing plots with excellent commercial potential.
• This land represents an outstanding long-term investment, with its value poised to increase significantly upon the completion of the new road.
• Its strategic division into two separate plots offers exceptional flexibility, allowing an investor to develop them independently or sell one part.
• The property's location and zoning make it perfectly suited for logistics companies or manufacturing businesses seeking a strategic base.
• Proximity to major transport routes offers a distinct operational advantage for any business reliant on efficient supply chain management.