TOP (469) :Europe (262) : North Cyprus (13)
84.97 Acres of Oceanfront Development Land on North Cyprus
| Property Group | Commercial | | Property Type | Other | | Lotsize | 84.97 acres | | Price | GBP 15,000,000
For Sale |
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| Location | Esentepe | | Nearest City | Esentepe |
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| | For further details contact
The Gray Rider Real Estate Co.
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone: +1-518-392-7062
Fax: +1-877-875-5704
http://www.worldrealtynews.com |
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Horabin-85
Our International Real Estate Partner on North Cyprus has 257 donums (84.9711 Acres)located in Esentepe, opposite the new 18 hole international golf course; the land is located to the beach side and has its own beach. It is an exceptional investment as land on this scale does not appear on the market that often. The land can house up to two Hotels’ for example a Hotel will take up 30 donums to build, therefore 227 donums remain, so it can accommodate a complex of up to 600 Apartments. At this stage, buyers can cherry pick what would be most effective to be developed.
Please note all permits have been applied for and received. The total permitted build equates to 83,000 square metres or 893,404 square feet.
The project requires a 15UK sterling million investment to achieve up to a 50 sterling million return. This project could house its own harbour; occupy bars, tavernas, restaurants, and boutiques to achieve its own High Street, which to date nobody has constructed in this area and there is a massive requirement for this.
This is a confidential listing for qualified buyers only.
No Co-Broker participation or Co-Broker fees are available.
The isting agent has requested that no additional information be provided without verifiable proof of the Buyer’s ability to purchase this property. If you are interested in obtaining additional information, please send us an email containing complete information abouu or your company and contact information. As soon as your information is received, along with the appropriate financial documentation, the listing agent will contact you directly with more specific information. |
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