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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)
Residential: 0.32 Km
Commercial: 0.33 Km
Tourist: 34.02 Km
Industrial: 2.43 Km
Agricultural: 1.15 Km
Farm: 3.18 Km
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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