COMMERCIAL FIELD FOR DEVELOPMENT IN LAKATAMEIA,NICOSIA - Published

Lakatamia, Nicosia

Overview

Reference

30936

Category

Commercial

Property type

plot

City

Nicosia

Furnished

No

Description

The property comprises two adjacent commercial fields, offered as a single unit, with a total land area of 827sq.m. Property Highlights: •Total Field Area: 827sq.m. (Comprising two adjacent fields offered as a single unit). •Terrain: Regular shape with a flat surface, offering optimized building efficiency and immediate development readiness. Key Features: A strategic commercial asset ideal for a high-density retail hub or corporate offices. Its prominent avenue location ensures maximum brand exposure, while the flat topography significantly reduces initial site preparation costs. Zone: 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. 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.