Commercial property for sale in Ayia Napa, Famagusta, Cyprus

£10,265,477 (€12,000,000)
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Commercial property for sale

Property description

Situated in one of the most picturesque coastal settings between Ayia Napa and Cape Greco, only a few meters from the sea, this 14,172 (net) sq.m plot, overlooks the turquoise waters of Cape Greco.

Ideal for investment, this plot can be utilized in 4 different options. First option by developing 12 luxury villas of average 300 sq.m each in their own individual plot area of approximately 1000 sq.m, the second option can be a 4-star hotel that will offer 110 rooms.

As a third option, a 5-star hotel with 100 rooms can be developed and as a fourth option, a combination of a 5-star hotel of 50 rooms together with 23 2-bedroom apartments.

Price+VAT

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
SLV Estates Ltd, TQ6 on +44 330 098 8971 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SLV Estates Ltd, and do not constitute property particulars. Please contact SLV Estates Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.