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Tourist land 14172 m²

Famagusta, Agia Napa
Posted: 12.05.2024 18:51 Ad ID: 4574312
Tourist land 14172 m²-1 Tourist land 14172 m²-2 Tourist land 14172 m²-3
  • Reference number: 3938
  • Share: No
  • Density: 15
  • Coverage: 15
  • Land type: Plot
  • Plot area: 14172 m²
  • Plot Type: Tourist
  • Postal code: 5330
  • Planning zone: Τ6 Ε1
  • Online viewing: Νο
  • Square meter price: €847 /m²
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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.

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Run a full technical and legal real estate check today
  • Technical inspection:
    +357 96 504 296
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    +357 22 875 353

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