Land for sale
Ayia Napa, Famagusta, Cyprus
£10,571,756 *
[€12,000,000]
Full Description
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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