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14,172 SQM Tourist Land for sale in Ayia Napa, Famagusta

Ayia Napa, Famagusta, Cyprus
14,172 SQM Tourist Land for sale in Ayia Napa, Famagusta 412 Ayia Napa
12000000 €12,000,000  ($12,573,371)
14,172 SQM Tourist Land
Ayia Napa, Famagusta

€12,000,000  ($12,573,371)

VAT Applicable not included in the price
Sweet Home Estates

Sweet Home Estates

Registered & Licensed Real Estate Company. Reg No. 504 - Reg No. 470

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $440,068

Average Bank Rate (€12,000,000)
1 USD = 0.9221 EUR
$13,013,439

Mid-market rate (€12,000,000)
1 USD = 0.9544 EUR
$12,573,371

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Residential (Η3)

Description: Residence (Κατοικια)

Coverage: 0.35

Density: 0.6

Height: 8.3 meters

Allowed stories: 2

Development description: Policy Statement (Excluding Zone 5) (Δηλωση Πολιτικης (Χωρ. Περιοχη 5))


Nearby planning zones

Residential: 2.14 Km

Commercial: 3.31 Km

Industrial: 1.82 Km

Agricultural: 0.38 Km

Farm: 9.78 Km

Key features

  • Listing ID: 1281567 (3938)
  • Plot: 14172 sqm

Description

This 14,172 sq.m plot, situated in a stunning coastal location between Ayia Napa and Cape Greco, offers a unique investment opportunity. The plot is only a few meters from the sea and boasts breathtaking views of the turquoise waters of Cape Greco.

The plot can be utilized in four different ways, making it an incredibly versatile investment. The first option is to develop 12 luxury villas, each with an average size of 300 sq.m and their own individual plot area of approximately 1000 sq.m. This option would offer buyers the chance to own a luxurious villa in an idyllic coastal setting.

The second option is to develop a 4-star hotel with 110 rooms, providing guests with a comfortable and convenient base from which to explore the local area. The third option is to develop a 5-star hotel with 100 rooms, offering guests the highest levels of luxury and service.

The fourth and final option is to develop a combination of a 5-star hotel with 50 rooms and 23 2-bedroom apartments. This option would provide a range of accommodation options, from luxurious hotel rooms to spacious self-contained apartments, and would appeal to a wide range of buyers and guests.

Overall, this plot offers an exceptional investment opportunity in one of the most picturesque coastal locations in Cyprus. With four different development options to choose from, investors can tailor their investment to their specific needs and preferences.

Disclaimer - Property reference 1281567. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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