Giant Plot Near the Sea in Ötüken

North Cyprus, Cyprus

GBP 997,500 · For Sale

Immediate Delivery | Eligible for Bank Loan This 6,035 square meter land located in the Iskele Otuken region is situated in one of Northern Cyprus's fastest-appreciating spots. Located just 1 kilometer from the sea, the plot is adjacent to prestigious residential areas. Location Highlights: - High Appreciation Potential: It is located right next to the Dovec complex, one of the region's best-known developments. - Coastal Access: The 1,000-meter distance to the Mediterranean coast is ideal for residential and tourism investments. - Developed Region: The Iskele region is at the center of international real estate demand. Property Features: - Large Investment Area: With a surface area of 6,035 m2, it is suitable for large-scale villa or apartment projects. - Infrastructure Advantage: Its proximity to existing luxury residential sites provides easy access to electricity and water connections. - Efficient Topography: It has a flat land structure that facilitates the project planning process. Investment Verdict: The decreasing supply of land in the Otuken region increases the strategic value of this plot. Proximity to branded projects and the advantage of large square footage offer high profit margins in both the short and medium term. ROI: Estimated Annual Rental Income: £69,825 (7%)

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