Commercial Plot, Balikesir, North Cyprus Properties for Sale

This expansive 1,200 square metre plot in Balıkesir, Lefkoşa, Northern Cyprus, offers a versatile development opportunity against a backdrop of panoramic mountain and nature views. Boasting unique Chapter 96 zoning permissions, the land provides a prestigious canvas for a significant residential, commercial, or industrial project. Location Highlights: - Strategic Setting: Situated in the developing Balıkesir region of Lefkoşa. - Natural Surroundings: Enjoys sweeping vistas of the mountains and lush greenery. Property Features: - Zoning Potential: Chapter 96 zoning with a generous 200% build density. - Versatile Use: Approved for multi-story residential, warehouses, or industrial factories. - Expansive Plot: Spanning 1,200 square metres with multi-directional orientations. Investment Verdict: This is a rare and flexible asset, perfectly suited for investors seeking to capitalize on the area's industrial growth or create high-density housing. ROI: Estimated Annual Rental Income: £6,650 (7%)