Investment Land with Planning Permission in Lapta

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)