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Description: Tourist Area (Τουριστικη Ζωνη)
Coverage: 0.2
Density: 0.3
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Paralimni, Ayia Napa, And Deryneia (Τοπικο Σχεδιο Παραλιμνιου. Αγιας Ναπας Και Δερυνειας)
Residential: 0.93 Km
Commercial: 1.85 Km
Industrial: 2.45 Km
Agricultural: 1.17 Km
Farm: 8.38 Km
This exceptional plot enjoys uninterrupted views of the turquoise waters of the Mediterranean Sea and is located just meters from the shoreline, nestled between the renowned resort town of Ayia Napa and the natural beauty of Cape Greco—one of the most stunning coastal settings in Cyprus.
Offering excellent investment potential, the plot is suitable for a range of high-end development options:
Luxury Villas: Build up to six premium villas, each averaging 276 m², on individual plots of approximately 1,000 m². Each villa can feature its own private swimming pool, offering residents comfort and exclusivity.
Hotel Development: Alternatively, the site is suitable for a 4-star hotel with 55 rooms or a 5-star hotel with 48 rooms. Both options allow for the inclusion of luxury amenities such as spas, gyms, and indoor swimming pools.
The location combines tranquility and natural beauty with close proximity to the vibrant lifestyle, entertainment, and services of Ayia Napa. This unique balance makes the property ideal for both relaxed living and premium hospitality ventures.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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