House, For Sale, Nicosia, Agia Paraskevi (Lakatameia)

Exceptional Opportunity | Spacious 3-Bedroom Bungalow on a 725 sq.m. Corner Plot with Development Potential
Location
Situated in one of Lakatamia's most desirable and quiet residential neighborhoods, this charming bungalow enjoys an excellent location between Metro and AlphaMega Supermarkets, both within approximately 1.2 km. Schools, parks, shops, cafés, and all everyday amenities are just minutes away, offering the perfect balance of tranquility and convenience for family living.
External Features
Occupying an impressive 725 sq.m. corner plot, this property offers generous outdoor space with endless possibilities. The private courtyard is ideal for entertaining, family gatherings, or creating a beautiful garden retreat, while the covered garage comfortably accommodates two vehicles.
Built in 1978, the residence requires renovation, presenting an outstanding opportunity to create a modern family home or maximize the property's investment potential.
Internal Characteristics
The home offers approximately 140 sq.m. of comfortable internal living space on one level, designed for practical everyday living.
The welcoming entrance leads to bright and spacious living and dining areas, creating a warm atmosphere for family life and entertaining. A separate, generously sized kitchen provides excellent functionality and ample storage.
The sleeping area consists of three well-proportioned bedrooms, including a master bedroom with en-suite shower and walk-in wardrobe. A family bathroom and a guest WC complete the layout.
Advantages & Special Features
✔ 725 sq.m. corner plot
✔ Development potential (Zone Ka5)
✔ 100% Building Density
✔ 50% Coverage Ratio
✔ Permission for up to 3 floors
✔ Central heating (petrol)
✔ Fire place
✔ Air conditioning in all rooms
✔ Dedicated storage room
✔ Covered parking for two cars
Whether you choose to renovate, extend, or redevelop, this property offers exceptional flexibility for homeowners and investors alike.
Value for Money
Properties combining a large corner plot, single-level living, prime location, and development potential are becoming increasingly rare.
Whether you're looking for a spacious family residence to renovate or a valuable development opportunity, this property represents an outstanding investment in the highly sought-after Agia Paraskevi, Lakatamia. Don't miss the opportunity to secure a property with both immediate appeal and excellent long-term potential.