Land for sale in Mazotos, Cyprus
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Property features
- Investment opportunity
Property description
Solar Power Plant - Investment Opportunity in Cyprus (6121)
price 17.500.000
Operational Since: November 1st, 2023
Total Capacity: 10 mw
Land Information:
Total Area: 201.000 sq.m
Project Overview:
Financials: Electricity price under T40 tariff - 19% for the first 5 years.
Investment Benefits: Operational since 2023, offering significant potential for returns in a region with high solar radiation levels.
Why Invest in Solar Power Plant, Cyprus?
High Solar Radiation: Cyprus enjoys abundant sunshine, making it an ideal location for solar energy projects.
Financial Metrics: Favorable financing terms with bank financing, competitive loan terms, and tax benefits.
Operational Since 2023: The plant is already operational, providing immediate income generation opportunities.
Financial Metrics:
Bank Financing: €7,200,000 loan with 2.75% interest rate, 70% debt capital, and 12.5% tax.
Operational & Maintenance Cost: €70,000 per year.
Ppa Tariff: T40 - 19% for the first five years, offering stable revenue streams.
Technical Details:
Installed Capacity: 10 mw DC/ac
Technology: Static pv panels
Global Horizontal Irradiation: 1730 kWh/m2
Yearly Production: 18,000,000 kWh/year
Grid Connection: Power Substation
Development Plan & Status:
Land: Title deeds in place.
Expansion Potential: Additional 5 MWp upgrade possible, offering scalability options.
Invest in Solar Power Plant and be part of Cyprus' renewable energy revolution.
---- 2 Options for the land ----
-Buy The Land For 3.200.000
-Rent The Land for 25 years
Contact us for further details and investment opportunities.
Property location is approximate. Please contact the agent for further details.
For more information about this property, please contact
Lextrus Real Estate LTD, on +44 330 098 2160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lextrus Real Estate LTD, and do not constitute property particulars. Please contact Lextrus Real Estate 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.