Residential land in the parish of Agia Paraskevi in the Municipality of Lakatameia, Nicosia district. The residential land in the municipality of Lakatameia in the Nicosia district of Nicosia, Cyprus is located approximately 1 km west of the junction of Ippokratous and Cheriou Streets.
The residential land in the Municipality of Lakatameia in the Nicosia district of Nicosia, Cyprus is located close to services and facilities such as supermarkets, shops, banks etc. This is an area which has been of great construction interest in recent years.
The residential land in the Municipality of Lakatameia in the Nicosia district of Nicosia, Cyprus has a triangular shape and a smooth surface, while it is contiguous along its northern boundary on a total face of about 135 meters. In addition, it abuts an unfinished public road along part of its southern boundary with a frontage of approximately 45 metres which resulted from the separation of an adjacent piece of land.
The northern part of the land parcel is affected by a proposed primary road leaving a net area of the parcel in the southern part of approximately 2,014sq.m. It is noted that the expropriation of the property has been completed and the compensation amount has been paid.
The southern part of the land parcel falls within the Residential Zone Ka7 with a maximum building factor of 80%, 45% coverage on 2 floors.
The residential land in the municipality of Lakatameia in the Nicosia district of Nicosia, Cyprus is subject to VAT