- 27,285,000 €
- 4.7% yield
A land is in Agia Napa, Famagusta. It has an area of 6627 sq. m. Falls into residential zone with building density 20% and coverage ratio 20%. Excellent as an investment since it can be used to construct six luxurious villas, each with an average size of 276 square meters, on separate plots totaling about 1000 square meters, all with their own swimming pool. Another alternative for development of the plot may be either a 4 stars hotel with 55 rooms or a 5 stars hotel that consists of 48 rooms. In either scenario, the hotel development may have facilities including spas, gyms, and indoor swimming pools. Residents on the property would benefit from the peace and quiet the area offers while being close to the lively lifestyle and services that Ayia Napa has to provide, making it simple to transition between the urban environment and the natural surroundings.
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