Apartment Plot in Girne Center

This strategic plot located in the center of Kyrenia is in Northern Cyprus’s fastest-appreciating spot. Suitable for apartment construction, the parcel is a development opportunity offering high profit margins to investors.

Location Highlights:

– Central Location: In the heart of Kyrenia city center, within walking distance of all commercial and social amenities.

– High Demand Area: An area close to main transportation axes and universities where housing demand is constantly increasing.

– Commercial Value: A location with high signage value, adjacent to the city’s prestigious spots.

Property Features:

– High Zoning Rate: Maximum usage capacity on a 554 m2 area with 140 percent zoning permission.

– Floor Permit: Opportunity for 4-story construction suitable for modern architectural projects.

– Secure Title Deed: Trouble-free equivalent title deed status representing investment security.

Investment Verdict:

Empty land stock in the center of Kyrenia is quite limited. Thanks to its high-density construction permit, this parcel has maximum return potential in both sales and rental-oriented projects.

ROI: Estimated Annual Rental Income: 36,400 GBP (7 percent)