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This stunning piece of land has the ideal location for investment purposes! It is located in the center of the tourist attraction beach resort of Ayia Napa. Most specifically it is right, facing the Nissi Beach Golden Beach.
The whole land consists of three separated title deeds of land attached to each other of a total of 23,055m2, with superb building possibilities. Studies and architect plans are available, which have shown that a four or five star hotel can be built with a total 60% coverage space on the land. According to the existing plans 171 rooms, four 1 Bedroom bungalows can be built. along with Reception, Lobby, Luggage Room, 6 Offices, Souvenir Shop, Tourist Guide Area, Hair/Beauty Salon, Bars, Indoor and Outdoor Swimming pools, Health Club with Gym and many more.
This is probably a few of the pieces of land that have remained untouched and are available, for those serious investors. Due to its prime location and continueous rising of investors in Cyprus the purchaser has also the option to build seaside properties to sell or rent. Luxury Holiday villa rentals are on a very high demand in that specific area. For villas the building coverage is 25% on the total of the aquired land.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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