Plot of land In Protaras, Famagusta

€1100000
  • Ref #: MLS1031
  • Title Deeds: YES
  • Type: Land
  • Bedrooms: 0
  • Bathrooms: 0
  • Parking:
  • Pool: No Pool
  • Covered Area: 0 m2
  • Plot: 6299 m2
Purple International
Office: 23811058
Mobile:(+357) 23 811 058

Description

Unique investment

This is a unique opportunity for investors interested in gaining a Cypriot passport as well as putting their money in a financially sound project that has a major profit margin.

A large piece of prime real estate land located next to the most popular strip of beach in all of Cyprus.

At a size of 6299m2 and with a build density area of 20%, the potential for this land, one of the best opportunities on the market today is huge with many possibilities.

Of the many scenarios that are available, 7 detached villas at 120m2 (covered area) may be built, plot ranging from 550 to 600m2.

Architectual plans have already been aproved and building permission already applied for!

The land was valued recently at 1.350.000 euro and is heavily discounted going for a starting price of 1.100.000 euro!

100% profit is a very realistic scenario based on feasability studies that are available for serious enquires.