Residential Field in Lakatamia - Nicosia

Property Description

Residential field in a quiet location in Agios Nikolaos Quarter in Lakatameia Municipality. It is located at a distance of 500 meters (approx.) west of Archbishop Makariou III avenue and 650 meters (approx.) southeast of Anthoupolis Gymnasium. The property is situated close to all necessary amenities and services such as schools, shops, supermarkets etc.

It has an irregular shape and a level topography. The property is landlocked but is located at a distance of 45 meters (approx.) southwest of the nearest registered road.

The field is currently inaccessible via a registered road, but if access is obtained this field will be an ideal investment opportunity for a property developer as it can be developed as single property or divided up into plots.

The field is affected by compulsory acquisition for the construction of primary importance road, which will affect 1,356 m² of the field and as a result the remaining available land area being 5,185 m².

The property falls within the Residential Zone Κα7, having a building density of 80%.