Commercial property for sale in Ayia Napa, Famagusta, Cyprus

£5,425,020 (€6,330,000)
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Commercial property for sale

Property description

This plot covers an area of 6627m2 net and it stands few meters by the sea. It can be used to construct 6 luxurious villas, 4 stars hotel with 55 rooms or a 5 stars hotel that consists of 48 rooms.

The Mediterranean Sea’s turquoise waves may be seen from this plot, which is only a few meters from the sea and situated between Ayia Napa and Cape Greco in one of the most stunning coastal settings.

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 1000 square meters, 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.

Residents on the property would benefit from the peace and quiet the area offers while being close to the lively lifestyle and services that Ayia Napa has to provide, making it simple to transition between the urban environment and the natural surroundings.

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.