Prime Beachfront Land

Famagusta
Protaras

€ 6,330,000

6,627 m2 Area
30% Build

Property Ref: #13113

Property Description

Exceptional coastal piece of land located just a few metres from the Mediterranean Sea, in Ayia Napa area. The property offers excellent development potential, with the option to construct six luxury villas, each with an average area of approximately 276 m², on separate plots totaling around 1,000 m², each with a private swimming pool. Alternatively, the plot could accommodate a 4 or 5 star hotel development of approximately 55 rooms, with potential facilities including a spa, gym and indoor swimming pools. An outstanding investment opportunity in one of the most coastal locations of Cyprus.

Property Features

Type

Land

Status

Resale

Area

6,627 m2

Build

30%

Cover

20%

Even More Info

Accessibility Road

: Asphalt

Street Level

: Same

Surface

: Flat Level

Plans

Location

Cape GreKo, Protaras, Famagusta

CURRENT ASKING PRICES PRICES IN CAPE GREKO

AVERAGE PRICES TODAY

House Price
€ 1,588,333

% PROPERTY TYPES

100 % Houses

% BEDROOMS

40% 3 Bed House
20% 4 Bed House
40% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

3 Bed House
€ 1,195,000
4 Bed House
€ 1,200,000
5 Bed House
€ 1,720,000

PRICE RANGE

Flats:
-
Houses:
€ 540,000 - € 2,900,000
Residential Plots:
-