Spacious Investment Land in Mormenekşe

Located in the Mormenekse region of Famagusta, this large plot of land is situated on the strategic eastern axis of Northern Cyprus. With its proximity to the city center and main road frontage, it offers high potential for real estate development projects.

Location Highlights

– Logistic Advantage: Provides quick access to the center of Famagusta and the port area thanks to its main road connection.

– Development Potential: Value appreciation is continuous due to new residential projects and infrastructure investments in the region.

Property Features

– Large Area: This parcel of approximately 5000 m2 is suitable for large-scale residential or commercial investments.

– Ready Infrastructure: The existing road connection minimizes construction and transportation costs.

Investment Verdict

The limited supply of large parcels in the Mormenekse region makes this property attractive for both short and long-term investment. Being located on the city’s expansion line, it offers high capital appreciation and serves as a safe haven investment.

ROI Estimate: Annual Rental Income is 7 Percent of the Value.