Five Floor Residential Land, Famagusta, North Cyprus Properties for Sale
- £265,000
- £265,000
Overview
- Land
Description
Discover a rare development opportunity in the heart of Mağusa Merkez, Gazimağusa, Northern Cyprus. This expansive residential plot offers a tranquil setting while remaining exceptionally close to city amenities, distinguished by its impressive size and significant building potential.
Location Highlights:
– Central Setting: Situated in the vibrant Mağusa Merkez district
– Urban Convenience: Located within the historic city of Gazimağusa
Property Features:
– Generous Proportions: Expansive 1,338 square metre plot
– Development Potential: Zoned for residential use with five-floor permission
– Investment Ready: A premium canvas for a multi-storey project
Investment Verdict:
This sizable plot represents a secure acquisition for developers seeking to capitalise on the high demand for residential living in a prime urban location.
ROI: Estimated Annual Rental Income: £18,550 (7%)
Address
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City: Famagusta
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Area: Famagusta Town Centre
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Country: Northern Cyprus
Details
Updated on October 23, 2026 at 10:22 pm-
Property ID SE1582
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Price £265,000
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Land Area 1338 m²
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Property Type Land
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Property Status For Sale