Residential Development Plot in Peaceful Lakatamia, Nicosia
€180,000
Lakatamia, Nicosia, Cyprus
Land
property type
1 week ago
listed
The Habio take
AI summaryThis beautiful plot in Lakatamia is ideal for residential development, making it a prime opportunity for both personal and investment use. Nestled in a desirable and peaceful area of Nicosia, it offers easy access to main roads and local amenities.
- investment
- quiet
- city
Highlights
- Peaceful residential area
- Great opportunity for development
- Easy access to main roads
- Close to local amenities
- Suitable for private use or investment
Good fit for: Ideal for investors or developers looking to create a residential project.
Lifestyle scores
- Beach
- 0
- Walkable
- 55
- Remote work
- 50
- Family
- 60
- Retirement
- 65
- Airport access
- 60
- Investment
- 70
- Luxury
- 0
- Value
- 75
About this place
This attractive plot is available for sale in the desirable area of Lakatamia, Nicosia, providing a wonderful opportunity for the construction of a residential building. The location is characterised by a peaceful atmosphere, ideal for creating a home or investment property.
With easy access to main roads, residents will enjoy convenient connectivity to the wider region. Additionally, the plot is situated near numerous amenities, enhancing the living experience for future occupants. This combination of location and potential makes it an appealing choice for buyers looking to invest in Cyprus.
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
