MEDITERRANEAN BUILDING LAND WITH PLANNING PERMISSION ON THE NORTH CYPRUS KARPAZ PENINSULA

• 15 donums
• 35% Building permission
• Electric close
• Road  Stunning views of the marina
• Very pretty
• 2  minute drive to the new Karpaz Gate Marina
• Terrific investment potential

Land in North Cyprus is in popular demand, but none more so than plots near the new first class  Karpaz Gate Marina .  This super new listing is  in a beautifully elevated position above this magnificent development that is attracting real wealth to the area and enhancing investment in real estate. The location offers bewitching views of the coastline which are nothing less than captivating. Measuring a massive 20,070 square metres, this super parcel of land  is an exciting and real  choice for investment. Construct your own glorious villa in the sun, or develop a stunning complex of high class villas for resale in this massively popular area, or simply buy to invest for your future. The choice is yours.  Plots with unparalleled scenes of the marina are indeed rare, early interest is highly advised.  DEVELOPERS AND INVESTORS TAKE NOTE.

The Region

Karpaz Peninsula

 

 

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 due to the influx of new wealth, so whether you are looking for an investment  or land to build on, this area must be a consideration. Others clearly thought so. Consider:

 

Major recent investments in the region include.

The Bafra resort with five star hotels and casino.

Bafra golf course due for completion 2015

The Karpaz Gate Marina Project.

The mega Noah’s Ark hotel complex.

Massive infrastructure projects completed.

 

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.

Pure Investment  “Buy land, they don’t make it anymore”

This quote from Mark Twain was as true in his day as it is today and many people are buying land in North Cyprus for investment purposes. There are no complicated concepts that investors need to understand with land, just that there is an ever-increasing demand for building and a restricted supply of plots for sale. Land prices have risen faster than equivalent house prices.

Land sizes

Traditionally land area in Cyprus was measured in Donums. This can be confusing to anyone new to the country. So to help we have converted them to more familiar units of measurement for you

1 Donum  1338 square metres (one third of an English acre, so 3 donums = one acre)

1 Evlec  334.45 square metres (there are 4 evlecs to one donum)