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539 SQM Plot
Kato Lakatamia, Nicosia

€159,000  ($183,071)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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In high demand!
Compared currency flag Pay in USD and save up to $6,407

Average Bank Rate (€159,000)
1 USD = 0.8391 EUR
$189,478

Mid-market rate (€159,000)
1 USD = 0.8685 EUR
$183,071

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 7838087 (57033)
  • Plot: 539 sqm

Description

High-Yield Residential Corner Plot in Agia Paraskevi Lakatameia – Strategic Acquisition for High-Value Living

Whether you are looking to build a custom sanctuary for your family or a smart investor seeking a premium land asset in the established Agia Paraskevi area of Lakatameia, this 539 sqm residential corner building plot offers the perfect blank canvas. Buying land in this high-demand and highly accessible neighborhood provides the ultimate freedom to bring a modern architectural vision to life, benefited by a strategic corner location that guarantees long-term value and maximum architectural flexibility. This site is a high-yield investment opportunity specifically suited for those who prioritize strategic acquisition and high-value residential development in a serene urban environment.

Strategic Development and Yield Potential

Boasting a prime position within the desirable Κα7 residential planning zone, this property is primed for immediate construction. With an 80% building density and 45% coverage ratio, the land offers fantastic versatility: it is ideally suited for a high-yield development, specifically a spacious modern detached family residence or a sophisticated two-story project. The corner positioning provides two street frontages and a clear path for those looking to capitalize on the high demand for quality housing and maximize yield potential in a high-value urban hub. The structural allowance for 2 floors up to a height of 10 meters ensures a well-proportioned and attractive residential design on a manageable 539 sqm surface.

Property Type: Residential Corner Plot
Location: Agia Paraskevi, Lakatameia, Nicosia
Plot Area: 539 sqm
Planning Zone: Κα7 (Residential)
Building Density: 80% (Balance between small development and high-value living)
Cover Factor: 45%
Structural Allowance: 2 Floors / 10m Height
Infrastructure: Corner plot with immediate access to all essential public utilities and dual registered road frontage
Legal Status: Title deed available
Cyprus real estate investment: High-value potential for a private residential project in a central hub

Location and Neighborhood Benefits

Location is the foundation of any great investment when you want to buy land in Nicosia. Situated in a premium pocket of Lakatameia, this plot offers a rare balance of residential tranquility and extreme connectivity. You are just a short drive from major retail centers and the city's main transit arteries, making it an area highly attractive to quality tenants and families. Enjoy the benefits of being in a well-connected district with seamless access to the city center and the primary motorway network.

Plots of land for sale in Lakatameia: Located in a prime residential area known for its community feel and growing value.
Land for sale near Lakatameia Municipal Hall: Situated within a 3-minute drive of the district's primary administrative and civic center.
St. George Medical Center: Reachable within a short 4-minute drive, ensuring proximity to essential healthcare facilities.
Pediaios Linear Park: Located just 2 minutes away, providing immediate access to the city's most popular green trail and recreational space.
AlphaMega Lakatameia: Positioned within a 3-minute drive, offering convenient access to major retail and daily shopping needs.

If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential corner plot in Agia Paraskevi is an unparalleled opportunity. Prime development land with this specific density and positioning in such a central location is a strategic acquisition that moves quickly.

Contact G&P Lazarou Estate Agents today to arrange a private consultation and discuss the possibilities for your next residential project. G & P Lazarou Estate Agents has been a leader in the Cyprus property market for over 3 decades of experience, offering unmatched expertise and a commitment to excellence.

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€3,125 ($3,598)
If buying on joint names
€2,385 ($2,746)

Disclaimer - Property reference 7838087. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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