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827 SQM Commercial Land
Pano Lakatamia, Nicosia

€370,000  ($426,349)

VAT Applicable not included in the price
Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

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Compared currency flag Pay in USD and save up to $14,922

Average Bank Rate (€370,000)
1 USD = 0.8385 EUR
$441,272

Mid-market rate (€370,000)
1 USD = 0.8678 EUR
$426,349

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.

Planning Zone

Commercial (ΕΒ4)

Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)

Coverage: 0.5

Density: 1.4

Height: 17 meters

Allowed stories: 4

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Residential: 0.32 Km

Commercial: 0.33 Km

Tourist: 34.02 Km

Industrial: 2.43 Km

Agricultural: 1.15 Km

Farm: 3.18 Km

Key features

  • Listing ID: 8473576 (4026)
  • Plot: 827 sqm

Description

This strategic commercial asset in Lakatameia’s Agios Nikolaos parish comprises two adjacent fields totaling 827sq.m., offered as a single, high-potential development unit. Boasting an impressive 18m of frontage along the high-traffic Archiepiskopou Makariou III Avenue, the property features a regular shape and flat topography that ensures maximum visibility and optimized building efficiency.

Falling within Commercial Zone Eβ4, the site allows for a building density of 140% and a construction height of four floors, supported by a proven development history of past permits for mixed-use retail and residential projects. Perfectly positioned in the heart of a thriving commercial corridor, this property represents a rare opportunity for investors to establish a high-density retail hub or corporate headquarters with clear long-term value appreciation.

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