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255 SQM Plot
Kato Lakatamia, Nicosia

€90,000  ($103,252)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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Compared currency flag Pay in USD and save up to $3,614

Average Bank Rate (€90,000)
1 USD = 0.8422 EUR
$106,866

Mid-market rate (€90,000)
1 USD = 0.8717 EUR
$103,252

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: 7867177 (57256)
  • Plot: 255 sqm

Description

High-Yield Residential Plot in 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 high-yield asset in one of Nicosia’s most popular residential sectors, this 255 m² building plot in Lakatameia offers the perfect blank canvas. Buying land in this established and highly accessible neighborhood provides the ultimate freedom to bring a modern architectural vision to life, benefited by a strategic location that guarantees long-term value. This site is a high-value residential opportunity specifically suited for those who prioritize maximum space utilization and building a custom home in a vibrant urban environment.

Balanced Development and Yield Potential

Boasting a prime position within the desirable Ka5 residential planning zone, this property is primed for immediate construction. With a high building density of 100% and 50% coverage ratio, the property offers fantastic versatility: it is ideally suited for a high-yield development, specifically a sophisticated three-story residential building or a generous family residence. The zoning allows for 3 floors up to a height of 13.5 meters, providing a clear path for those looking to capitalize on the high demand for premium residential space and maximize yield potential in a high-value urban hub. The availability of a clean title deed ensures a secure and efficient acquisition process.

Property Type: Residential Building Plot
Location: Lakatameia, Nicosia
Plot Area: 255 m²
Planning Zone: Ka5 (Residential)
Building Density: 100% (Balance between small development and high-value living)
Cover Factor: 50%
Structural Allowance: 3 Floors / 13.5m Height
Infrastructure: Excellent residential location with immediate access to all essential public utilities and a registered road
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 comfort and extreme convenience. You are just a short drive from major private schools, retail centers, and the city's main transit arteries, making it an area highly attractive to families and professionals. 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 highly sought-after area known for its strong community and local amenities.
Land for sale near Agiou Georgiou Avenue: Situated within a 2-minute drive of one of the area's primary commercial and transit corridors.
St. George Medical Center: Located just 3 minutes away, providing rapid access to essential healthcare facilities.
Pediaios Linear Park: Reachable within a short 5-minute drive, ensuring proximity to the city's most popular green trail and recreational space.
Lakatameia Municipal Hall: Positioned within a 4-minute drive, offering immediate access to the district's primary administrative center.

If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential plot in Lakatameia 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
€1,400 ($1,606)
If buying on joint names
€1,350 ($1,549)

Disclaimer - Property reference 7867177. 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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