Sea View Plot, Gemikonagi, North Cyprus Properties for Sale
North Cyprus, Cyprus
GBP 302,000 · For Sale
- 626 m²
- Land
- Uncovered parking
- GBP 482 per m²
Turnkey | Credit Eligible This prime residential plot is located in the strategic Gemikonagi area of Lefke Northern Cyprus. It represents a versatile real estate opportunity in a rapidly developing coastal region. North Cyprus Property For Sale Location Highlights: - Strategic Position Situated directly on the road with high visibility and commercial potential. - Scenic Environment Unobstructed sea mountain and greenery views. - Education Hub Proximity to European University of Lefke ensures constant demand. Property Features: - Generous Plot 626 square meters of residential zoned land offering significant development footprint. - Dual Use Zoning and road frontage allow for both high end residential or commercial conversion. - Existing Structure Includes an old building providing a footprint for renovation or demolition. Investment Verdict: Lefke is experiencing a surge in infrastructure and academic growth. This plot offers a rare hybrid of commercial accessibility and residential serenity making it a high yield asset for developers. ROI Estimated Annual Rental Income 21140 (7 percent)
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