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541 SQM Plot
Pano Lakatamia, Nicosia

€205,000  ($234,282)

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 $8,200

Average Bank Rate (€205,000)
1 USD = 0.8454 EUR
$242,482

Mid-market rate (€205,000)
1 USD = 0.8750 EUR
$234,282

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: 7931175 (57660)
  • Plot: 541 sqm

Description

High-Yield Residential Corner Plot in Agios Nikolaos, 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 Agios Nikolaos area of Lakatameia, this 541 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 enhanced 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 Κα5 residential planning zone, this property is primed for immediate construction. With a 100% building density and 50% coverage ratio, the land offers fantastic versatility: it is ideally suited for a high-yield development, specifically a spacious modern detached family residence, a multi-unit apartment complex, or a sophisticated three-story project. The zoning allows for a clear path for those looking to capitalize on the high demand for quality housing and maximize ROI for developers in a flourishing residential hub. The structural allowance for 3 floors up to a height of 13.5 meters ensures a well-proportioned and attractive residential design on a 541 sqm corner surface.

Property Type: Residential Corner Plot
Location: Agios Nikolaos, Lakatameia, Nicosia
Plot Area: 541 sqm
Planning Zone: Κα5 (Residential)
Building Density: 100% (Focus on high-yield development and strategic acquisition)
Cover Factor: 50%
Structural Allowance: 3 Floors / 13.5m Height
Infrastructure: Corner plot with registered road access and planned connectivity to all public utilities
Legal Status: Title deed available
Cyprus real estate investment: High-yield potential for an apartment complex or high-value residential project

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 Agios Nikolaos Church: Situated within a 2-minute drive of the historic and central landmark of the district.
Lakatameia Municipal Park: Reachable within a short 4-minute drive, offering immediate access to the area's primary green space and recreational facilities.
Enstikto Dog Park & Agility Center: Located just 3 minutes away, providing a popular local spot for pet owners and outdoor activity.
Agios Nikolaos Cemetery: Positioned within a 2-minute drive, serving as a well-known local proximity landmark in the heart of the neighborhood.

If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential corner plot in Agios Nikolaos 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
€4,800 ($5,486)
If buying on joint names
€3,425 ($3,914)

Disclaimer - Property reference 7931175. 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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