Residential Plot for sale, Nicosia, Lakatamia, Agios Nikolaos

High-Yield Development Plot in Agios Nikolaos Lakatameia – Strategic Acquisition for High-Value Living Whether you are looking to build a premium apartment complex or a smart investor seeking a high-potential land asset in the heart of Agios Nikolaos, this 719 sqm residential building plot offers the perfect blank canvas. Buying land in this high-demand and established neighborhood provides the ultimate freedom to maximize a modern architectural vision, benefited by over 24 metres of street frontage that guarantees long-term value and significant design flexibility. This site is a high-yield development opportunity specifically suited for those who prioritize strategic acquisition and high ROI potential in a flourishing urban environment. Strategic Development and Yield Potential Boasting a prime position within the desirable Πα9 residential planning zone, this property is primed for high-density construction. With an impressive 120% building density and 70% coverage ratio, the land offers fantastic versatility: it is ideally suited for a high-yield development, specifically an apartment complex of 4–5 units or a high-value duplex project. The zoning allows for a clear path for developers looking to capitalize on the high demand for modern apartments and maximize yield potential in a strategic residential hub. The substantial frontage and structural allowance for a 7-metre height ensure a well-proportioned and attractive residential design on a generous 719 sqm surface. Property Type: Residential Building Plot Location: Agios Nikolaos, Lakatameia, Nicosia Plot Area: 719 sqm Planning Zone: Πα9 (Residential) Building Density: 120% (Focus on high-yield development and strategic acquisition) Cover Factor: 70% Structural Allowance: 2 Floors / 7m Height Infrastructure: Wide frontage of over 24 metres with immediate access to all essential public utilities and a registered road Legal Status: Clear Title Deed available Cyprus real estate investment: High-yield potential for apartment complexes and maximum ROI for developers 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 Melis Butchery: Situated within a 2-minute drive of one of the area's most well-known local commercial landmarks. Lakatameia Municipal Hall: Reachable within a short 3-minute drive, providing rapid access to the district's primary administrative center. St. George Medical Center: Located just 3 minutes away, ensuring proximity to essential local healthcare facilities. Pediaios Linear Park: Positioned within a 4-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-yield residential 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.