# For Sale, Land, Plot, Nicosia, Lakatameia, Agios Nikolaos, 1,022m² ![For Sale, Land, Plot, Nicosia, Lakatameia, Agios Nikolaos, 1,022m²](https://gplazarou7207.eu1.qobrix.com/api/v2/files/download/media/public/large/d574b88e-6e26-4af7-866e-babd5f36053e) - **Reference:** 32438 - **Status:** For Sale - **Price:** €240,000 + VAT - **Property Type:** Land - **Location:** Nicosia, Agios Nikolaos ## Description High-Yield Residential Plot in Agios Nikolaos, Lakatameia – Strategic Acquisition for High-Yield Development Whether you are looking to execute a flagship multi-unit project or a smart investor seeking a premium land asset in the established Agios Nikolaos area of Lakatameia, this 1,022 sqm residential building plot offers the perfect blank canvas. Buying land in this high-demand and highly accessible neighborhood provides the ultimate freedom to bring a large-scale architectural vision to life, benefited by a strategic location that guarantees long-term value. This site is a high-yield investment opportunity specifically suited for those who prioritize strategic acquisition and high-ROI residential development in a thriving urban environment. Strategic Development and Yield Potential Boasting a prime position within the desirable Πα9 residential planning zone, this property is primed for immediate high-density construction. With an exceptional building density of 120% and 70% coverage ratio, the land offers fantastic versatility: it is ideally suited for a high-yield development, specifically an apartment complex or a high-density residential project. The zoning allows for a clear path for those looking to capitalize on the high demand for quality housing and maximize ROI for developers in a strategic urban hub. The structural allowance for 2 floors ensures a well-proportioned and attractive residential design on a very generous 1,022 sqm surface. Property Type: Residential Building Plot Location: Agios Nikolaos, Lakatameia, Nicosia Plot Area: 1,022 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: Immediate access to a registered road and established public utility networks Legal Status: Title deed available Cyprus real estate investment: High-yield potential for an apartment complex or strategic multi-unit project 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 convenience 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 developers. 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 Agios Nikolaos Church: Situated within a 2-minute drive of the historic local landmark in the heart of the community. Lakatameia Municipal Hall: Reachable within a short 3-minute drive, providing rapid access to the district's primary administrative center. St. Nicholas Primary School: Located just 2 minutes away, ensuring proximity to essential educational facilities. Lakatameia Municipal Swimming Pool: Positioned within a 4-minute drive, placing you near the area's central sports and leisure hub. Pediaios Linear Park: Located 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 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. ## Details - **City:** Lakatameia - **Land Type:** Plot - **Town Planning Zone:** Residential - **Cover Factor:** 70.00 - **Building Density:** 120.00 - **Height:** 7m ## Areas - **Plot Area:** 1,022m²