Five Aparment and Incomplete Development in Lakatamia Nicosia
The southeastern (Block 1) building is incomplete. There is a fully constructed M.O.T. workshop. while the rest of the building has columns up to the 1st floor. The northwestern building (Block 2) is completed and for sale concerns 5 apartments.
The properties are ideally located near a multitude of services and amenities, such as schools, banks, supermarkets, shops, etc. In addition, they have excellent access to the center of the Municipality. The location of the properties is considered excellent and has an increased demand for residential/commercial properties due to its attractiveness and accessibility.
The incomplete building (Block 1) consists of a parking space & a storage area in the basement. The ground floor consists of a car workshop with a mezzanine. The workshop has approximately 81 sq.m. (approx) and approximately 36 sq.m. mezzanine. The incomplete building (Block 1) is empty while the workshop is occupied.
The five apartments (101-104 & 202 – Block 2) are part of a residential complex which was built around the year 2013. The five apartments are similar and are of 2-bedrooms capacity. The area of the interior spaces ranges from 75-81 sq.m. (387 sq.m. in total) and the covered verandas from 14-17 sq.m. (total 76 sq.m.). The apartments with no. 101 & 103 are occupied, while the apartments with no. 102, 104 & 202 are vacant.
It is worth noting that based on permits, the basement consists of parking spaces and storage areas while on site it has been used (Block 1-Block 2) as a M.O.T workshop. The basement has a total area of approximately 689 sq.m.
The apartments do not have a separate title but have a distribution agreement and the share for sale (914/2199 shares) concerns the apartments with No. 101-104 & 202 (Red Color) and as shown in the attached drawing.
District: Nicosia
Municipality: Lakatameia
Quarter: Agios Nikolaos
Properties for sale
Flat
- 387 m2
- 10 Bedrooms
- 10 Bathrooms
- 387 m2
- 1,466 m2 Land
- 10 Bedrooms
- 10 Bathrooms
- Parking : 5 Covered
- Veranda : 76 m2 Covered
- Storage room
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The apartment with door number 201 is located