Karşıyaka Land for sale or joint venture for apartments

Delivery May 2028 | Not Suitable for Credit

This strategic 4-donum plot located in Karşıyaka, Northern Cyprus, is offered for a construction project in exchange for flats. With a 40% zoning permit, the area has the potential to transform into a high-yield residential complex.

Location Highlights:

– High Appreciation Area: Provides direct access to Karşıyaka’s developing coastline and main transportation axes.

– Tourism Potential: The region is investor-focused, surrounded by popular beach clubs and boutique residential areas.

Property Features:

– Large Development Area: Offers maximum capacity with a size of 4 donums 968 square feet and a 40% zoning rate.

– Efficient Layout: The land structure is ideal for producing apartment blocks with sea and mountain views.

Investment Verdict:

Karşıyaka is a location where land supply is decreasing. A 40% zoning share for construction in exchange for flats represents a high capital gain and a secure investment opportunity for both the developer and the landowner.

ROI: Annual Estimated Rental Yield is calculated at 7% of the unit sales value.