The property is a touristic plot located in Agia Napa, in the District of Famagusta.
The property has a total land area of approximately 14,172sqm and is situated in a sought-after coastal area, within close proximity to the beach and all essential amenities and services. It also benefits from sea views, enhancing its appeal for tourism-related development.
The property falls within Touristic Zone Τ6, allowing for a 30% building density, 20% coverage, and the construction of up to 3 floors with a maximum building height of 13.5m.
The size and planning characteristics of the property provide flexibility for a variety of development options.
It can accommodate the construction of approximately 12 detached villas of around 300sqm each on individual plots of approximately 1,000sqm, the development of a 4-star hotel with approximately 110 rooms, a 5-star hotel with approximately 100 rooms, or a mixed development comprising a 5-star hotel with approximately 50 rooms together with 23 two-bedroom apartments, subject to obtaining the necessary planning and building permits.
The property benefits from its close proximity to the beach, sea views, and convenient access to all essential amenities and services, making it suitable for a wide range of tourism-related developments.