Kyrenia Center Commercial Plot For Sale

Immediate Delivery | Suitable for Loan

Located in the Upper Kyrenia region near Nusmar Market and the July 20th Stadium, this corner plot is a strategic investment opportunity. Kyrenia is one of the centers with the highest commercial and residential potential throughout Northern Cyprus.

Location Highlights:

– Central Location: Located within walking distance of the city’s main arteries and social amenities.

– Corner Plot Advantage: Its double-fronted structure provides high signage value and flexibility in architectural design.

– Commercial Circulation: The area’s heavy pedestrian and vehicle traffic creates constant demand for commercial units.

Property Features:

– High Density: With a surface area of 674 square meters and a 140% zoning ratio, it offers a total construction area of 943.6 square meters.

– Building Permission: Provides efficient land use with a 4-floor limit and a 40% ground coverage ratio.

– Flexible Project Options: Suitable for 8 residential units or mixed-use concepts containing 6 apartments and 2 shops depending on regional needs.

Investment Verdict:

The supply of new zoned land in central Kyrenia is limited. Combined with its potential shop rental income, this property stands as one of the region’s most solid commercial assets in terms of capital appreciation and regular cash flow.

ROI: Estimated Annual Rental Yield is 7% of the Sale Price.