Industrial Factory in Strovolos Industrial Area

For Sale – Industrial Factory in Strovolos Industrial Area, Nicosia, Cyprus

An excellent opportunity to acquire an industrial property in the established Strovolos Industrial Area, one of Nicosia’s key business and manufacturing zones.

The property sits on a plot of 2,133 sq.m. and comprises an existing factory building of approximately 1,000 sq.m. The planning regulations allow for a 100% building density, providing significant development potential. A second and third floor may be added, offering an additional 1,143 sq.m. of buildable area, subject to the relevant approvals.

The land is government-owned, with an annual ground rent of €1,743.73. The lease is renewable for a period of 61 years, providing long-term operational security.

The area falls under the supervision of the Ministry of Energy, Commerce, Industry and Tourism, ensuring a structured and regulated industrial environment.

The factory is owned by a non-active company, offering the possibility of acquiring the company itself, which may result in a more cost-efficient transfer of the property.

This property presents an ideal opportunity for manufacturing, storage, or commercial operations seeking expansion potential within a well-established industrial location.

Contact us today to arrange a viewing!