AN OPPORTUNITY FOR A SERIOUS PROPERTY DEVELOPER OR INVESTOR TO PURCHASE A 76 DONUM  (25 ACRES) PLOT OF PRIME BUILDING LAND IN THE PROPERTY HOTSPOT AREA OF BOGAZ ISKELE, NORTH CYPRUS.

• Next to main coast road
• Front line beach
• Electricity and services
• 35% build density
• Permission for 4 floors
• Ideal for resort hotel
• Close to amenities
• Short walk to Bogaz Harbour
• Close to Big Old Bazaar
• 30 minutes to Karpaz
• 20 minutes to Famagusta
• 200m beachfront

A rare opportunity to purchase this amazing front line, zero to the sea, plot of land in Bogaz, Iskele, North Cyprus. This 76 Donum plot,(25 acres), has enormous potential for a variety of uses, either for upmarket residential properties or for a hotel/resort complex, or simply as a sound investment opportunity. This area of Northern Cyprus is truly the hotspot of the region with the stunning new resort hotels at Bafra underway and the commencement of the construction of the Karpaz Gate Marina on the Karpaz peninsular the potential is both obvious and real. The much publicised Big Old Bazaar is just minutes away and also under construction with the first 150 units close to completion. The shortage of quality accommodation in the area and the potential that the area is offering make this an excellent investment.

The Location

The land on offer is situated in Bogaz, Iskele, a coastal village very popular amongst tourists and locals in Northern Cyprus. There is a shortage of top quality hotels in the area. Bogaz is thought to be the “gateway” to the Karpaz - an area of unrivalled natural beauty where nesting sea turtles return each year to lay their eggs in the soft golden sandy beaches. The Bogaz and Iskele areas have now been included as part of the plan to expand tourism in the area. It is envisaged that the whole area from Bafra down will become a “New Las Vegas”, with sixteen 5 star concept hotels planned, shopping malls and further de-salination plants are already underway. This really is an opportunity that should be high on the shortlist for any serious investor.A new marina is under construction at Yeni Erenkoy, a coastal village half way along the Karpaz peninsular. It will be large enough for 300 plus vessels, including Super Yachts. Restrictions on sailing along the territorial waters of the Turkish Republic of Northern Cyprus have now been lifted which means yachts will sail to this new and almost only available berthing spot in the Eastern Mediterranean. This will further add value to properties and investments in the area. The Karpaz area, to the north, will continue to be a protected area with very strict controls concerning over development to conserve the natural beauty of the region.

Price: £4,800,000 (GBP)

About Bogaz

About the Karpaz