Detached Ground floor house with Development Potential in Agia Paraskevi, Lakatamia, Nicosia

For Sale / EUR 290.000
77775070
or  +357 95598488

Property ID:
VL53387
Office Code:
NEAL
Type:
House
Total Floors:
1
31
2
238
Area:
Lakatamia
District:
Nicosia
Year Built:
1987
Covered Internal Area:
230 m2
Balconies:
34 m2
Plot Size:
548 m2
Bedrooms:
3
Bathrooms:
2
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DESCRIPTION
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.

Property Highlights:
? Plot Area: 534 sq.m.
? Internal Area: 230 sq.m.
? Covered Veranda: 46 sq.m.
? Uncovered Veranda: 34 sq.m.
? Road Frontage: 18 m
? Condition: Full Renovation Required

Internal Layout:
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).

Development Potential:
While the property requires FULL renovation, it offers significant potential.
The site falls within Zone ??5, allowing for a building coefficient of 100% and coverage of 50%.
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.

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.

The property falls within Zone ??5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.

Pending issuance of Energy Performance Certificate.
MAIN PROPERTY FEATURES
Garage / Designated Parking  
This 3-bedroom house in Lakatamia, Nicosia is being offered for sale at EUR 290.000.

To arrange an appointment to view this and any other property from our website, please call or email us directly.

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