For Sale
€170,000
High-Yield Residential Corner 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 an established area of Lakatameia, this 561 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 Κα7 residential planning zone, this property is primed for immediate construction. With an 80% building density and 45% 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 two-story project. The corner positioning provides 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 2 floors up to a height of 10 meters ensures a well-proportioned and attractive residential design on a 561 sqm surface with dual registered road frontage.
Property Type: Residential Corner Plot
Location: Lakatameia, Nicosia
Plot Area: 561 sqm
Planning Zone: Κα7 (Residential)
Building Density: 80% (Balance between small development and high-value living)
Cover Factor: 45%
Structural Allowance: 2 Floors / 10m Height
Infrastructure: Corner plot with immediate access to all essential public utilities and road frontage on two sides
Legal Status: Title deed 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, 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 Lakatameia Municipal Amphitheatre: Situated within a 3-minute drive of one of the area’s primary cultural and community landmarks.
St. Nicholas Church (Agios Nikolaos): Reachable within a short 4-minute drive, serving as a peaceful local landmark in the heart of the community.
Lidl Lakatameia: Located just 3 minutes away, providing rapid access to major retail and daily shopping needs.
Pediaios Linear Park: Positioned within a 5-minute drive, offering immediate access to the city’s most popular green trail and recreational space.
If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential corner 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.