Land for sale
Protaras, Famagusta, Cyprus
£5,389,222 *
[€6,300,000]
Full Description
A prime plot of land spanning 760 square meters, located on the edge of a protected water zone, offering stunning sea views and nestled between two pristine sandy beaches.
This expansive property is situated in Cyprus's most sought-after coastal area, renowned for luxury housing developments.
Its exceptional location makes it a standout investment opportunity, perfect for a variety of projects tailored to the high demand in the area. Whether you envision private villas, apartments, or an exclusive boutique hotel, the possibilities are endless.
Zoning Details (T1st1 Zone):
Residential Development: 30% Building Density, 25% Coverage, 2 floors permitted, up to 10 meters height.
Hotel Development: 50% Building Density, 25% Coverage, 3 floors permitted, up to 13.5 meters height.
Holiday Resorts, Villas, or Apartments: 40% Building Density, 25% Coverage, 2 floors permitted, up to 10 meters height.
Additionally, plans for 4 luxury villas, each 200 sq.m., with plots ranging from 550 to 1,000 sq.m., are among the exciting possibilities for this property.
Feasibility studies available for serious buyers.
We highly recommend scheduling a viewing to fully appreciate the unmatched potential of this extraordinary property.
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