Investment Opportunity in Lakatameia, Nicosia

The property comprises two adjacent commercial fields, offered as a single unit, with a total land area of 827sq.m. It is ideally situated within Lakatameia Municipality, Agios Nikolaos parish in Nicosia District.<br> <br> It is located approximately 620 meters southwest of the Agia Paraskevi Lakatamia's Elementary school, situated next to ‘Marks and Spencer’ store. It abuts on its eastern boundary with high-traffic Archiepiskopou Makariou III Avenue<br> <br> Strategically positioned in the heart of Lakatameia's commercial corridor, surrounded by established businesses and residential clusters, ensuring high footfall and long-term value appreciation.<br> <br> The field has a regular shape with an even surface offering optimized building efficiency and immediate development readiness. The field has frontage on register road 18 meters. <br> <br> The property falls within Commercial Zone Eβ4, allowing for a building density of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.<br> <br> A past planning permit for one (1) shop and ten (10) apartments (valid 2009–2013) highlights the site’s commercial viability. This established project history provides a streamlined foundation for a prospective buyer to renew and finalize the development.<br> <br> There is a separate title deed for this property.