Land with Ready Infrastructure in Yeniboğaziçi
North Cyprus, Cyprus
GBP 79,000 · For Sale
- 555 m²
- Land
- Uncovered parking
- GBP 142 per m²
Ready for Delivery, Suitable for Credit Located in the Famagusta Yeniboğaziçi region, this land is in one of the points promising the highest value appreciation in Northern Cyprus. With its proximity to the city center and the developing luxury residential fabric, it is optimized for both capital gains and project development. Location Features: - High Demand Area: It is only five minutes away from Famagusta city center and the Salamis ancient city beaches. - Infrastructural Advantage: It is located right in the heart of Near East College and the region's most prestigious educational institutions. Property Features: - Engineering Readiness: All infrastructure connections, including electricity, water, and telephone, are ready at the parcel boundary. - Construction Efficiency: It has legal status suitable for the construction of a two-story detached house on a 555 m2 area. Investment Evaluation: In the Yeniboğaziçi region, where supply is rapidly decreasing, a parcel of this size with ready infrastructure provides high liquidity in the short term. The intense demand for detached villa projects keeps the valuation rate in the region above the market average. ROI Estimate Annual Rental Yield 5-7 percent
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