For Sale
€47,000
High-Yield Residential Investment Opportunity in Lakatameia – Strategic Acquisition for High-Value Living
Whether you are looking to secure a foothold in a high-demand urban area or a smart investor seeking a property with significant development potential, this 8% share of a residential field in Lakatameia offers the perfect blank canvas. Buying land in this established and highly accessible part of Nicosia provides the ultimate freedom to benefit from a strategic location just meters away from a main avenue, ensuring long-term value and high visibility. This site is a high-yield investment opportunity specifically suited for those who prioritize strategic acquisition and high-density development in a bustling residential corridor.
Strategic Development and Yield Potential
Boasting a prime position within the desirable Ka5 residential planning zone, this property is primed for future development. With a high building density of 100% and 50% coverage ratio, the land offers fantastic versatility: it is ideally suited for a high-yield development, specifically a modern apartment complex or a multi-story residential project. The high density allowance provides a clear path for investors looking to capitalize on the high demand for urban housing and maximize yield potential in a high-value hub. The field’s flat surface and significant frontage of 35 meters make it an ideal asset for a streamlined architectural project.
Property Type: 8% Share of Residential Field
Location: Lakatameia, Nicosia
Share Area: Approximately 481 m² (Total field 6,376 m²)
Planning Zone: Ka5 (Residential)
Building Density: 100% (Balance between small development and high-value living)
Cover Factor: 50%
Infrastructure: Flat surface with 35m frontage and immediate access to all essential public utilities and main transit routes
Legal Status: Share available for sale
Cyprus real estate investment: High-value potential in a central and growing residential 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 urban convenience and extreme connectivity. You are just a short drive from major healthcare, administrative, and retail landmarks, making it an area highly attractive to quality tenants and homeowners. 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 near all necessary services and essential urban amenities.
Land for sale near Lakatameia Municipal Amphitheatre: Situated within a 3-minute drive of a primary local cultural and recreational landmark.
Pediaios Linear Park: Reachable within a short 4-minute drive, ensuring proximity to the city’s most popular green trail and recreational space.
St. George Medical Center: Positioned within a 2-minute drive, providing rapid access to essential healthcare facilities.
Jumbo Lakatamia: Located within a 4-minute drive, ensuring swift access to major retail and daily shopping needs.
If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential share in Lakatameia is an unparalleled opportunity. Prime development land with this specific density and positioning near a main avenue 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 high-yield investment. 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.