A superb investment opportunity in Northern Cyprus. A well located plot of prime building land is available in the popular area of Bogaz with the current maximum 50% build permission.

A wonderful opportunity to purchase six donums (two acres) of land in Bogaz, Northern Cyprus. This plot has potential for a variety of uses, either for upmarket residential properties or simply as a sound investment. Views of the sea and the surrounding areas of Bogaz are very pleasant. Electricity and water are both available on site. This parcel of land is situated between two large developments and is an exciting opportunity for the right investor.  The land has a side road running beside it which leads to the main road of Karpaz to Famagusta. This area of Northern Cyprus is truly the hotspot of the region with the stunning new developments commencing in Bogaz, Bafra and Yeni Erenkoy areas.

• 50% Build permission
• Electricity & water available
• Stunning location
• Close to new developments
• Great investment opportunity

£15,000 Per Donum

THE LOCATION

This building land is in Bogaz which is on the East Coast of North Cyprus and is on the coastal route that links the major town of Famagusta to the Karpaz region. Famagusta is a short drive along the scenic route to the west and offers the resident or holiday maker a wealth of things to do and see. The town is steeped in history and has a fascinating old town within ancient walls that just invite you to explore the narrow streets and the many shops, stalls and historic buildings. There are some excellent restaurants in this part of the city where one can savour the exotic aromas and tastes of Cypriot Turkish cooking or  an excellent choice of more familiar European dishes. The newer part of Famagusta includes the campus of the Eastern Mediterranean University and is a busy commercial centre where most requirements for modern living can be obtained.  To the east of the quaint fishing village of Bogaz, which is a tourist attraction in its own right, lays the Karpaz region. This region is sometimes called the “Panhandle”of Cyprus due to its geographical shape. It is a protected area of outstanding natural beauty with ancient villages that have hardly changed for generations. There is a vast array of wildlife and flora and fauna and the area is famed for having over 40 sandy beaches many of which are untouched by development.

It is no coincidence that a number of very influential international investors have chosen North Cyprus over other Mediterranean countries in which to invest. This is borne out by the superb yacht marina now open on the Karpaz Peninsula and the massive new five star resort at Bafra, including a new golf course under construction there due for completion in 2015.

Consider the forward thinking infrastructure projects like the superb new roads linking main centres like Kyrenia,(Girne) The Karpaz, Bafra, Famagusta (Gazimagusa) Nicosia, (Lefkosa) and the airports at Ercan and Larnaca, and you get some idea of the scale of investment on the part of both government and private investors. The exciting new water supply pipe under the sea from Turkey using pioneering technology can only add to the future prosperity of Northern Cyprus  and we believe will also add value to property and land investments here.

These people don’t often get it wrong and this vote of confidence may be considered a guide to your own choice of where to buy your home or invest in land in the Mediterranean.