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1,190 SQM Plot
Pano Lakatamia, Nicosia

€330,000  ($380,310)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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In high demand!
Compared currency flag Pay in USD and save up to $13,311

Average Bank Rate (€330,000)
1 USD = 0.8384 EUR
$393,621

Mid-market rate (€330,000)
1 USD = 0.8677 EUR
$380,310

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: 8225021 (59257)
  • Plot: 1190 sqm

Description

High-Yield Residential Corner Plots 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 an established area of Lakatameia, these two consecutive residential building plots offer 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 with registered road access on two sides that guarantees long-term value. 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 Κα6 residential planning zone, this property is primed for immediate construction. With a 90% 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 or a sophisticated apartment complex. The zoning allows for a clear path for those looking to capitalize on the high demand for quality housing and maximize yield potential in a high-value urban hub. The structural allowance for this zone ensures a well-proportioned and attractive residential design on a substantial corner site.

Property Type: Two Consecutive Residential Plots
Location: Lakatameia, Nicosia
Planning Zone: Κα6 (Residential)
Building Density: 90% (Balance between small development and high-value living)
Cover Factor: 50%
Structural Allowance: 2 Floors / 10m Height
Infrastructure: Corner location with registered road access on two sides and proximity to all public utilities
Legal Status: Title deeds 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, these plots offer 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 Nicosia Mall: Situated within a 7-minute drive of one of the island's largest shopping and entertainment destinations.
Agios Ioannis Chrysostomos Church: Reachable within a short 3-minute drive, providing a central reference point in this established residential district.
Lakatameia Municipal Hall: Located just 4 minutes away, ensuring proximity to the district's administrative and service hub.
St. George Medical Center: Positioned within a 5-minute drive, ensuring proximity to essential local healthcare facilities.
Pediaios Linear Park: Located within a 6-minute drive, offering immediate access to the city's most popular green trail and nature walks.

If you are searching for G&P Lazarou trusted properties with guaranteed potential, these high-density residential plots in Lakatameia are 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 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
€9,800 ($11,294)
If buying on joint names
€6,550 ($7,549)

Disclaimer - Property reference 8225021. 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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