Apartment Plot in Girne Center
North Cyprus, Cyprus
GBP 520,000 · For Sale
- 554 m²
- Land
- Uncovered parking
- GBP 939 per m²
This strategic plot located in the center of Kyrenia is in Northern Cyprus's fastest-appreciating spot. Suitable for apartment construction, the parcel is a development opportunity offering high profit margins to investors. Location Highlights: - Central Location: In the heart of Kyrenia city center, within walking distance of all commercial and social amenities. - High Demand Area: An area close to main transportation axes and universities where housing demand is constantly increasing. - Commercial Value: A location with high signage value, adjacent to the city's prestigious spots. Property Features: - High Zoning Rate: Maximum usage capacity on a 554 m2 area with 140 percent zoning permission. - Floor Permit: Opportunity for 4-story construction suitable for modern architectural projects. - Secure Title Deed: Trouble-free equivalent title deed status representing investment security. Investment Verdict: Empty land stock in the center of Kyrenia is quite limited. Thanks to its high-density construction permit, this parcel has maximum return potential in both sales and rental-oriented projects. ROI: Estimated Annual Rental Income: 36,400 GBP (7 percent)
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