3 Bedroom House for Sale in Nicosia, Lakatameia - Agia Paraskevi
€345.000
Nicosia, Lakatameia - Agia Paraskevi, Lakatameia - Agia Paraskevi, Nicosia

Exceptional Opportunity | Spacious 3-Bedroom Bungalow on a 725 sq.m. Corner Plot with Development Potential\nLocation\nSituated 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.\nExternal Features\nOccupying 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.\nBuilt in 1978, the residence requires renovation, presenting an outstanding opportunity to create a modern family home or maximize the property's investment potential.\nInternal Characteristics\nThe home offers approximately 140 sq.m. of comfortable internal living space on one level, designed for practical everyday living.\nThe 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.\nThe 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.\nAdvantages & Special Features\n✔ 725 sq.m. corner plot\n✔ Development potential (Zone Ka5)\n✔ 100% Building Density\n✔ 50% Coverage Ratio\n✔ Permission for up to 3 floors\n✔ Central heating (petrol)\n✔ Fire place\n✔ Air conditioning in all rooms\n✔ Dedicated storage room\n✔ Covered parking for two cars\nWhether you choose to renovate, extend, or redevelop, this property offers exceptional flexibility for homeowners and investors alike.\nValue for Money\nProperties combining a large corner plot, single-level living, prime location, and development potential are becoming increasingly rare.\nWhether 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.