Expansive Development Plots in Kyrenia, Northern Cyprus

€8,000,000€555/m²

14,404 m²
interior
14,404 m²
plot
Land
property type
2 weeks ago
listed

The Habio take

AI summary

Offering a unique opportunity, these two expansive plots total 14,404 m² and are located in the sought-after Kyrenia area. Known for its beautiful beaches and vibrant tourist scene, Kyrenia is ideal for potential investors looking to tap into the thriving rental market.

investment
beach
tourist
quiet

Highlights

Total area of 14,404 m²
Strategic location in a popular tourist area
High demand for rental properties
Supportive environment for foreign investment
Proximity to beautiful beaches and mountains

Worth knowing

Size may be overwhelming for some developers
Development regulations must be verified with local authorities

Good fit for: Ideal for investors looking to develop properties in a growing rental market.

Lifestyle scores

Beach: 90
Walkable: 65
Remote work: 60
Family: 70
Retirement: 80
Airport access: 70
Investment: 85
Luxury: 75
Value: 80

About this place

This listing features two excellent plots of land for sale in Kyrenia, Northern Cyprus, comprising a total of 14,404 m². The plots are situated in popular areas, specifically Phunji (7,619 m²) and Trimithi (6,785 m²), providing ample space for various development opportunities.

Kyrenia is renowned as the most developed city in North Cyprus and attracts many tourists with its rich offerings, including casinos, hotels, restaurants, and a picturesque harbour. The demand for land is currently high, making these plots an attractive investment option for those looking to develop rental properties.

The local environment boasts fresh air, courtesy of nearby pine forests and the sea breeze, whilst the cost of living remains relatively low in comparison to other European nations. With its emphasis on organic local products and friendly community vibe, Kyrenia provides a unique quality of life and appeals to both residents and visitors alike.

Investing in these plots provides not only the potential for capital appreciation but also promises a swift return on investment given the burgeoning rental market.