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    Land

    €90,000

    1/2 share Residential Land , Lakatameia, Nicosia

    NICOSIA
    1320 m² plot

    Land type

    Field

    Plot type

    Agricultural

    Features

      Property description

      Location • This prime parcel is ideally situated within the sought-after Agios Nikolaos quarter of Lakatameia, a vibrant and well-established residential neighbourhood. • The property enjoys exceptional proximity to an extensive array of amenities, including reputable schools, major banks, supermarkets, and diverse retail shops. • Residents benefit from excellent and straightforward access to the bustling center of Nicosia, making it perfect for professionals and daily commuters. • Positioned near a prominent local church and a main arterial road, the plot offers both a tranquil community atmosphere and superior connectivity. • This attractive location is characterized by its high demand for residential properties, driven by its accessibility and comprehensive local services. External Features • An undivided half-share is available, corresponding to a generous area of approximately 660 square meters within a larger residential field. • The plot features an extensive frontage of approximately 37 meters, as it directly abuts a registered public road for convenient and direct site access. • Boasting a relatively even and level surface, the land presents a straightforward canvas for construction, potentially reducing initial site preparation costs. • Its placement within a developed residential area ensures that essential utilities and infrastructure are readily available for future connection. • The irregular shape of the parcel offers a unique opportunity for an architect to create a distinctive and imaginative building design. Advantages - Special Features • The property falls within the Πα9 residential planning zone, which allows for a high building density of 120% and 70% coverage for multi-level development. • This offering represents an exceptional investment opportunity for a developer or an individual looking to construct a bespoke residential building or block of apartments. • Its strategic location in an area with proven high demand for housing suggests strong potential for rental yields and significant long-term capital appreciation. • The availability of a title deed for the share provides a secure and clear framework for ownership and subsequent development plans. • Given its dimensions and favorable zoning characteristics, the plot is perfectly suited for the creation of a modern family home or a multi-unit residential project.

      Location

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      Location details are based on the listing information provided by the owner/agent.

      Nicosia Head Office

      Agent

      Agency ref: 54638

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      Mortgage calculator

      Beta

      Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.

      Beta feature — indicative estimates only, not financial or legal advice.

      Cyprus mortgage estimate
      Beta
      Last updated: 24 May 2026

      Mortgage calculator for this property

      Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.

      Listing price€90,000

      Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.

      Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.

      First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.

      Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.

      sqm

      Use only if the planning-permit and declaration deadlines apply.

      €18,000 deposit80% financed
      %
      years
      Cyprus fee assumptions
      • Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
      • Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
      • No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
      • Mortgage registration is estimated at 1% of the mortgage amount.
      • Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
      Details buyers normally need
      • ID/passport, proof of address, tax details, and source-of-funds evidence.
      • Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
      • Sales agreement, valuation, title deed or planning documents, insurance, and deposit proof.
      • Ask the bank which first-home products and documents apply.
      Before applying

      Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.

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