Sea View Plot, Gemikonagi, North Cyprus Properties for Sale
- £302,000
Overview
- Land
Description
Turnkey | Credit Eligible
This prime residential plot is located in the strategic Gemikonagi area of Lefke Northern Cyprus. It represents a versatile real estate opportunity in a rapidly developing coastal region. North Cyprus Property For Sale
Location Highlights:
– Strategic Position Situated directly on the road with high visibility and commercial potential.
– Scenic Environment Unobstructed sea mountain and greenery views.
– Education Hub Proximity to European University of Lefke ensures constant demand.
Property Features:
– Generous Plot 626 square meters of residential zoned land offering significant development footprint.
– Dual Use Zoning and road frontage allow for both high end residential or commercial conversion.
– Existing Structure Includes an old building providing a footprint for renovation or demolition.
Investment Verdict:
Lefke is experiencing a surge in infrastructure and academic growth. This plot offers a rare hybrid of commercial accessibility and residential serenity making it a high yield asset for developers.
ROI Estimated Annual Rental Income 21140 (7 percent)
Address
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City: Lefke
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Area: Gemikonağı
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Country: Northern Cyprus
Details
Updated on October 12, 2026 at 6:46 am-
Property ID SE1523
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Price £302,000
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Land Area 626 m²
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Property Type Land
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Property Status For Sale
Features
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