Large Residential Land, Alayköy, North Cyprus Properties for Sale
North Cyprus, Cyprus
GBP 6,500,000 · For Sale
- 155000 m²
- Land
- Uncovered parking
- GBP 42 per m²
This massive strategic land parcel is located in Alayköy, Nicosia, Northern Cyprus. Positioned on the main road, it offers unparalleled scale for major residential development. Location Highlights: - Strategic Connectivity: Direct access to the main road ensures high visibility and logistics. - Institutional Proximity: Located near Bahçeşehir Cyprus University and the Alayköy industrial zone. Property Features: - Massive Scale: A single 155000 m2 plot suitable for large-scale subdivision. - Residential Zoning: Specifically designated for residential use with north-facing city views. Investment Verdict: This is a rare institutional-grade land bank. Its proximity to university infrastructure makes it ideal for a high-yield phased residential township project. ROI: Estimated Annual Rental Income: 455000 (7%)
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