Property 13753 Lakatamia, Nicosia / P-112441

This property listing refers to a plot of land available for sale in the desirable location of Lakatameia, Nicosia. The land holds a considerable size of 1646m2, providing ample space for residential development. The plot lies within a Ka8 zone, which allows for a 60% building density and a 35% coverage. This means potential developers or individuals can take full advantage of the space, constructing residential units to a maximum height of 10 meters. This plot of land is currently under the division process and can be sold as a single unit or separately. One of the main advantages of this location is its proximity to the METRO supermarket and the easy access it provides to the motorways to Limassol, Troodos, and the Nicosia city center. This makes it an ideal spot for developing residential properties that enjoy the convenience of urban living while being a few steps away from essential amenities. The property is unfurnished, allowing potential buyers to implement their design ideas from scratch. It's also worth noting that this land is classified as an 'Investment and Development Property', indicating its potential for substantial returns. The land is also VAT inclusive. The plot of land is suitable for constructing two-story houses, making it a lucrative opportunity for developers and individuals who want to invest in a residential project in one of Nicosia's prime locations.