Prime Development Plot in Lakatamia, Nicosia
€450,000
€334/m²
- 1,349 m²
- Interior
- 1,349 m²
- Plot
- Land
- Type
- 7 Jul 2026
- Listed
The Habio take
This excellent 1349 m² plot of land presents a remarkable development opportunity in the sought-after Lakatamia area of Nicosia. With excellent accessibility and a promising future linked to the nearby Hadassah Health Park, it’s a prime choice for discerning investors looking to tap into a thriving Cypriot market.
- investment
- city
- quiet
- new build
Highlights
- 1349 m² plot with great development potential
- Prime location in Lakatamia, Nicosia
- Close proximity to the future Hadassah Health Park
- Excellent accessibility to main routes and amenities
- Ability to develop multi-storey or divided plots
- Benefits from existing urban infrastructure
Good fit for: Ideal for investors looking to develop in a thriving area.
Lifestyle scores
- Beach
- 0
- Walkable
- 70
- Remote work
- 60
- Family
- 50
- Retirement
- 65
- Airport access
- 60
- Investment
- 75
- Luxury
- 80
- Value
- 70
About this place
This exceptional plot in Lakatamia, Nicosia offers a prime development opportunity spanning 1349 square meters. Surrounded by upscale residential properties, the land promises to create a luxurious atmosphere that caters to a high-end market. Investors will benefit from excellent accessibility, with registered asphalted roads leading directly to major amenities and seamless travel routes to Nicosia's city centre.
The plot features a substantial frontage of 106 meters, enhancing its development potential. Options for development include constructing a magnificent three-storey building for luxurious apartments or commercial spaces, or strategically dividing the land into three separate plots for smaller projects. The upcoming Hadassah Health Park is anticipated to significantly impact the area's desirability, offering potential for outstanding returns in the rental market.
In addition to its clear title and complete infrastructure, the property includes a sidewalk on the southern side, enhancing pedestrian safety. This plot is ready to be transformed into a landmark development in one of Cyprus's most promising areas.
Getting around
- Excellent water quality
Nearest beach · Naftikos Omilos Larnakas
~46 min drive · 47 km
Ercan (ECN)
~38 min drive · 34 km
Larnaca (LCA)
~42 min drive · 48 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Nicosia, Nicosia, Cyprus
- Nearest airport
- Tymbou (Kirklar) (ECN)
- 18 km
- Also close
- Lefkoniko (Geçitkale) (GEC)
- 39 km
- Nearest city
- Nicosia
- 7 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
