Investment Land with Planning Permission in Lapta
North Cyprus, Cyprus
GBP 840,000 · For Sale
- 5495 m²
- Land
- Uncovered parking
- GBP 153 per m²
Located in the Kyrenia Lapta region, this strategic land is situated on North Cyprus's most prestigious coastline. The region's rapidly increasing popularity and limited land supply make this property a priority for investors. Location Highlights: - Tourism Hub: Within a short driving distance to popular beaches and the luxury hotels area. - High Demand: The region is a point of intense interest for foreign investors and the resident expat population. - View Advantage: In a dominant position with both mountain and sea views. Property Features: - Construction Capacity: Offers a 35 percent zoning rate on a total area of 5,495 square meters. - Architectural Flexibility: Suitable for boutique villa sites or collective housing projects with a 2-story permit capacity. - Ready for Development: Boundaries are defined and it has infrastructure access suitable for the project development stage. Investment Verdict: Finding land of this scale and zoning rate on a per-square-meter basis in the Lapta region is becoming increasingly difficult. It is one of the most profitable options in the region in terms of post-construction sales values or long-term land value appreciation. ROI: Estimated Annual Rental Income: 58,800 GBP (7 Percent)
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