Land, For Sale

The property is a residential plot located in Agia Napa, Famagusta.

It measures about 6,627sqm and falls into residential zone T5 (E3) with building density 25% for villas, 30% for hotel, coverage 20%, maximum height 8.3m and maximum floors 2.

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 1,000sqm, 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.