Detached Ground floor house with Development Potential in Agia Paraskevi, Lakatamia, Nicosia
Lakatameia, Nicosia, Cyprus
Ref · 12356
€290,000
€1,261/m²
3
Beds
2
Baths
264m²
Area
1987
Built
Listed by RealDeal Estates
Verified AnyDoor partner · Lic. 347/E
Response usually within a few hours
About this property
This property features a ground-floor detached house with a garage, located in the Agia Paraskevi quarter of Lakatamia—one of Nicosia’s most established residential neighborhoods.<br> <br> Property Highlights:<br> • Plot Area: 534 sq.m.<br> • Internal Area: 230 sq.m.<br> • Covered Veranda: 46 sq.m.<br> • Uncovered Veranda: 34 sq.m.<br> • Road Frontage: 18 m <br> • Condition: Full Renovation Required<br> <br> Internal Layout: <br> The residence comprises a spacious open-plan living and dining area, a separate kitchen, a laundry room, an office, a main bathroom, and three bedrooms (including a master bedroom with an en-suite bathroom).<br> <br> Development Potential:<br> While the property requires FULL renovation, it offers significant potential. <br> The site falls within Zone Κα5, allowing for a building coefficient of 100% and coverage of 50%. <br> This permits the construction of a residential building of up to three floors (13.5 meters in height), representing an excellent opportunity for owner-occupiers or investors seeking long-term redevelopment.<br> <br> The location combines quiet residential living with excellent accessibility, being approximately 100m southeast of Archbishop Makarios III Avenue, and about 600m northwest of the 6th Elementary School of Lakatamia, with easy access to shops, schools, services, and the main road network.<br> <br> The property falls within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.<br> <br> Energy Category: E
General
- Type
- House
- Year built
- 1987
- Furnished
- Yes
Areas
- Covered area
- 230 m²
- Plot area
- 548 m²
- Total area
- 264 m²
Layout
- Bedrooms
- 3
- Bathrooms
- 2
Location
Approximate location. Exact address shared after viewing request.
Side-by-side with up to 4 properties — yields, prices, locations.
Management options
Run it yourself or hand it over.
AnyDoor partners with vetted Cyprus operators for long-let, short-let or hybrid management — included in your investment plan.
Explore managementFractional ownership · Q2 2026
Own a fraction of this property.
Lower entry, same yield, transparent SPV. Notify me when fractional opens for Nicosia.
Yield, IRR and scenarios are derived from comparable transactions and 24-month rental data. Read the methodology.