Commercial Zone – Neighboring Land Parcels in Lakatamia, Nicosia

  • ‎€5.500.000
Lakatamia, Cyprus
For Sale Plot + VAT

Commercial Zone – Neighboring Land Parcels in Lakatamia, Nicosia

Lakatamia, Cyprus
  • ‎€5.500.000

Description

This exceptional asset spans 75,690 square meters and enjoys a strategic location near the a roundabout, providing easy access to key commercial hubs. The property offers diverse investment prospects, catering to showrooms, stores, warehouses, and other commercial ventures, subject to local zoning laws and planning authority approvals.

Property Breakdown:

  • Parcel 1– Covering approximately 65,590 sq.m., it falls into multiple zoning categories:

    • Zone Δα2 (27%) – Building ratio 1%, coverage 1%, 1-floor (5.5m) height limit
    • Zone Δα3α (18%) – Building ratio 0%, coverage 0%, no construction allowed
    • Zone Βα3/ΒΕ1 (55%) – Building ratio 100%, coverage 50%, 2-floor construction permitted
    • Zone ΑΖ (0%) – Building ratio 0%, coverage 0%, no construction allowed
  • Parcel 1a – Covering 6,420 sq.m., classified under:

    • Zone Δα2 (70%) – Building ratio 1%, coverage 1%, 1-floor (5.5m) height limit
    • Zone Δα3α (30%) – Building ratio 0%, coverage 0%, no construction allowed
    • Zone ΑΖ (0%) – Building ratio 0%, coverage 0%, no construction allowed
  • Parcel 1b – Spanning 3,600 sq.m., designated as:

    • Zone Δα2 (91%) – Building ratio 1%, coverage 1%, 1-floor (5.5m) height limit
    • Zone ΑΖ (9%) – Building ratio 0%, coverage 0%, no construction allowed
  • Parcel 1c – A smaller section of 80 sq.m., classified under:

    • Zone Δα2 (53%) – Building ratio 1%, coverage 1%, 1-floor (5.5m) height limit
    • Zone ΑΖ (47%) – Building ratio 0%, coverage 0%, no construction allowed

The asking price is negotiable. Contact us for further details or to explore the potential of this prime commercial opportunity.

Overview

  • Plot
  • Property Type
  • City Nicosia

Details

Updated on March 18, 2025 at 9:28 am
  • Property ID: C-111598
  • Price: ‎€5.500.000
  • Land Area: 75690 m²
  • Property Type: Plot
  • Property Status: For Sale

Features

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Disclaimer

All and any information given in this site is approximate and for guidance only and should be independently verified and confirmed by those interested. There is no guarantee, warranty or representation of any kind regarding accuracy of any of this information.

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