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274 SQM Plot
Pano Lakatamia, Nicosia

€90,000  ($102,671)

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 $3,593

Average Bank Rate (€90,000)
1 USD = 0.8469 EUR
$106,265

Mid-market rate (€90,000)
1 USD = 0.8766 EUR
$102,671

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: 7526395 (55596)
  • Plot: 274 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 premium land asset in the established Lakatameia area, this 274.5 m² half residential 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 location that guarantees long-term value. This site is a high-value residential opportunity specifically suited for those who prioritize privacy, space, and building a custom home in a serene urban environment.

Balanced Development and Yield Potential

Boasting a prime position within the desirable Ka7 residential planning zone, this property is primed for immediate construction. With an 80% building density and 45% coverage ratio, the property offers fantastic versatility: it is ideally suited for a high-yield development, specifically a spacious two-story family residence or a sophisticated modern villa. The zoning allows for a maximum of 2 floors up to a height of 10 meters, providing a clear path for those looking to capitalize on the high demand for quality housing and maximize yield potential in a high-value hub. The availability of a clean title deed and the fact that it is not subject to VAT ensure a secure and financially advantageous acquisition process.

Property Type: Half Residential Building Plot
Location: Lakatameia, Nicosia
Plot Area: 274.5 m²
Planning Zone: Ka7 (Residential)
Building Density: 80% (Balance between small development and high-value living)
Cover Factor: 45%
Structural Allowance: 2 Floors / 10m Height
Infrastructure: Well-positioned plot with immediate access to all essential public utilities and a registered road
Legal Status: Title deed available; Not subject to VAT
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 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. 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: Located just 2 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.
Jumbo Lakatamia: Positioned within a 4-minute drive, offering immediate access to one of the area's largest retail clusters.

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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Disclaimer - Property reference 7526395. 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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