MEDITERRANEAN LAND FOR SALE- 5352 SQUARE METRES OF BUILDING LAND ON THE KARPAZ PENINSULAR OF NORTH CYPRUS
- 4 donums (5352 m2)
- 35% Building permission
- Electric
- Road
- Stunning views
- Very pretty
- 2 minutes drive to the new Karpaz Gate Marina
- Tremendous investment potential
Being located at the top of the elevated village of Siphai is key to the wow factor when describing the incredible sea views on offer from this exciting new listing of land. Sea views like this are simply not readily available in abundance. This large plot of land has clear and simply stunning views of the sparkling Mediterranean sea. It is located just minutes from the nearest sandy beach at the popular Malibu Hotel, and is also a stones throw from the super new Karpaz Gate Marina, which offers berths of over 300 to yachts, super yachts and motor cruisers. Land for investment or construction of your own villa in this area is becoming more and more popular, with prices in this area so close to the marina expected in the future to soar in value. Build your own or simply invest. When it comes to sea views, it really doesn’t get much better than this.
The location with the Wow factor
Like most of the areas of North Eastern Cyprus the villages of the Karpaz are set in an area of outstanding natural beauty. The region offers some of the finest beaches in the whole of Cyprus and indeed some judge that the golden beaches of the Karpaz peninsular are amongst the finest in Europe if not the world. The clean clear waters that wash against the golden sandy beaches attract endangered species of green sea turtles that return every year to nest, so conservation and protection of the environment is of a high priority in this region. In addition there is an amazing diversification of wild life and migratory birds making your time spent here a truly unique experience. It is a peaceful and quiet place where one can bond with nature, imagine spending the whole day on a wonderful sandy beach swimming in crystal clear water with only the occasional sea bird for company.
Why invest in this area?
Sure to elevate its standing as a world class luxury yachting destination, Northern Cyprus is on its way to becoming the latest choice venue for the rich and famous. The Karpaz Gate marina opened in June 2011, and is a five star facility with a wide range of services and is now fully operational and includes a beach club with associated facilities. The three greatest influences on land cost and value are utility, scarcity and desirability. The value of land tends to increase each year at a higher rate than inflation. Land in this area so close to the new marina is set to soar in value, so whether you are looking for investment land land or land to build a private villa on, this area must be a consideration.
Easier than you might think
We are able to assist in the whole planning process for those wishing to purchase a plot of land to build a villa or bungalow to their own design. Helping you find and secure the right plot of land with secure Title Deeds is critical. We have a good portfolio on our books but if your ideal is not available we have numerous contacts within the local community and will endeavour to find what you desire. Having secured the land, we can then assist you in employing a good solicitor, architect, and builder and guide you through the processes. Once the building process is underway we will keep an eye on the progress to ensure time lines are met according to your contract and that your staged payments are made to the builder as scheduled. Foreign citizens may now purchase up to 5 donums but it must have an existing building on it, otherwise the limit is 1 donum upon which you may only build one property on the land. We can help in setting up a trust deed should you wish to purchase more land than allowed.
Developing
Should you be looking at developing property in North Cyprus, for example a development for residential tourism, a holiday resort or other such touristic developments then you will need to form a Limited Company within the Turkish Republic of Northern Cyprus. We are able to introduce you to relevant solicitors, architects and builders for this purpose.
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