Residential Land For Sale/ Rare Opportunity Prime Location

€299,300

Liopetri, Famagusta Nr Aya Napa

Ref: HD5876

Locations: Cyprus

Bedrooms: None

Bathrooms: No Bathroom

Pools: No Pool

Living Space: m²

Plot Size: m²

Description

Residential Plot. 1036sqm Area: 3 miles from Sea, 7 miles from Agia Napa (Aya Napa), Close to all amenities. Services:Electricity, Water, Telephone Build Factor:90% Cover Factor:50%; This means one can build 8-10 apartments or 3 Town Houses. Road Type:Main Full Title Deeds Excellent Investment

Area Details

1. Demand for holiday homes in the Ayia Napa area has been high for the last three years. 2. Increase demand from retirees looking to escape to climate of the northern hemisphere. 3. This is hard to believe, but the lack of land to build must increase prices. 4. Lower prices than Pafos and Limassol. When the property boom started five years ago, Pafos was the main attraction for overseas buyers. With the Pafos prices being 25% higher, it does make the Ayia Napa area very competitive and offers potential for prices to increase substantially over the next five years.