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920 SQM Tourist Land
Cape Greko, Famagusta

€500,000  ($581,172)

Arena Properties

Arena Properties

Reg. No: 1015 / Licensed. No: 481/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $20,341

Average Bank Rate (€500,000)
1 USD = 0.8312 EUR
$601,513

Mid-market rate (€500,000)
1 USD = 0.8603 EUR
$581,172

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Tourist (Τ1ΣΤ1)

Description: Tourist Area (Τουριστικη Ζωνη)

Coverage: 0.25

Density: 0.5

Height: 13.5 meters

Allowed stories: 3

Development description: Local Plan Of Paralimni, Ayia Napa, And Deryneia (Τοπικο Σχεδιο Παραλιμνιου. Αγιας Ναπας Και Δερυνειας)


Nearby planning zones

Residential: 4.91 Km

Commercial: 6.57 Km

Industrial: 2.71 Km

Agricultural: 0.76 Km

Farm: 12.7 Km

Key features

  • Listing ID: 1815066 (9636)
  • Plot: 920 sqm

Description

Land for Sale in Cape Greco, Protaras – Prime Investment Opportunity

Location: A rare and exceptional plot in the highly desirable Cape Greco area of Protaras, just 77 meters from the sea. Enjoy a prime coastal location within walking distance to beaches, amenities, and hotels, making it an outstanding investment with high potential.

Key Features:



Plot Classification: T1st1 (Tourist Zone)


Generous Building Potential:



Density Factor: 50%


Coverage: 25%


Max Height Allowance: 13.5 meters




Flexible Development Options:



Two private villas with luxury finishes


Apartment complex with roof gardens


Boutique hotel or small-scale tourism project




Ideal for Investors & Developers – Capitalize on Protaras’ thriving tourism and real estate market.



Why Invest?



Unbeatable seaside proximity – rare for new developments.


High demand for luxury accommodations in Cape Greco.


Tailor your project to match the area’s upscale standards.



Don’t miss this rare opportunity to develop a premium property in one of Protaras’ most exclusive locations.

Contact us for more details or to arrange a site visit!

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€16,600 ($19,295)
If buying on joint names
€13,200 ($15,343)

Disclaimer - Property reference 1815066. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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