Karşıyaka Zoned Land Near the Sea

North Cyprus, Cyprus

GBP 170,000 · For Sale

Open for Zoning | Eligible for Loan Located in the Girne Karşıyaka region, just 150 meters from the sea, this strategic plot holds high potential for those seeking real estate development opportunities in Northern Cyprus. Situated on one of the region's most prestigious coastlines, the land is ready for immediate construction. Location Advantages: - Proximity to the Sea: It is in a privileged location, just a 150-meter walking distance from the Mediterranean coast. - Developing Region: It is in the center of Karşıyaka, which has become a focal point for luxury villa projects and elite residential units. - Ease of Access: Its proximity to the main road and essential social amenities offers a living space that is both peaceful and accessible. Property Features: - Zoning Permit: It provides extensive construction opportunities with a 40 percent zoning rate on a total area of 610 square meters. - Project Flexibility: It has an ideal parcel structure for the construction of a two-story detached villa or boutique housing. - Ready Infrastructure: Electricity, water, and road connections are available, and it is ready for the building permit processes. Investment Outlook: Since the supply of zoned land on the Karşıyaka coastline is limited, this plot carries significant potential for value appreciation. The proximity to the sea guarantees that the property to be built will see high demand in both the sales and short-term rental markets. ROI: Estimated Annual Rental Income 11,900 GBP (7 Percent)

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