827m² Plot for Sale in Lakatamia, Nicosia District
About this home
The property comprises two adjacent commercial fields offered as a single unit with a total land area of 827sq.m. It is ideally situated within Lakatameia Municipality Agios Nikolaos parish in Nicosia District. It is located approximately 620 meters southwest of the Agia Paraskevi Lakatamia s Elementary school situated next to Marks and Spencer store. It abuts on its eastern boundary with high traffic Archiepiskopou Makariou III Avenue Strategically positioned in the heart of Lakatameia s commercial corridor surrounded by established businesses and residential clusters ensuring high footfall and long term value appreciation. The field has a regular shape with an even surface offering optimized building efficiency and immediate development readiness. The field has frontage on register road 18 meters. The property falls within Commercial Zone E 4 allowing for a building density of 140 coverage of 50 and permission for 4 floors 17m of construction. A past planning permit for one 1 shop and ten 10 apartments valid 2009 2013 highlights the site s commercial viability. This established project history provides a streamlined foundation for a prospective buyer to renew and finalize the development. There is a separate title deed for this property.
- Reference
- VL53394
- Property type
- Land and Plots
- Plot area
- 827 m²
What it will really cost
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Lakatamia, Nicosia district
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