6.1 DONUMS RESIDENTIAL BUILD PERMISSION LAND – CAYIROVA Bafra, Famagusta, Northern Cyprus Raw Land £85,000 | €93,158 | $104,318 Request a Currency Exchange Quote Here

£85,000 (+ buyers and sellers taxes)

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Property Description ID:40046948
  • Prime location building land
  • Close to the hotspot area of Bafra
  • 50% building permission 
  • 6.1 donums
  • Electric close
  • Stunning location

Brand new to the market, this super piece of land measures just over 2 English acres, (around 8,300 square metres). It has residential build permission of 50% and offers extremely good value for money. Located in Cayirova, a sleepy village yet only a five minute drive to the hotspot area of Bafra this offers the perfect location in which to build your holiday home with the peace and quiet of the country and if you want the action and nightlife, Bafra is on your door step. Suitable for a single family villa with large grounds, or this land could be of interest to a small developer wishing to build and sell some properties.

Reference No: HP2177

 

The location

The land in question is located between the Bafra Resort Development and the nearby village of Cayirova. This is just off the excellent coastal road that provides easy access to the Karpaz in one direction and Famagusta in the other via the popular fishing village of Bogaz. It is also very close to the new junction that places you on the fast new link road to the Kyrenia region. In fact it would not be inaccurate to describe this location as a hub in terms of accessibility to the main North Cyprus destinations including Ercan and Larnaca airports. This is a key feature that will no doubt add value to the investment over time.

The area around Bafra is located on the North coast of Famagusta Bay therefore the beaches are broadly south facing which may be considered very beneficial for the development of tourism. The beach stretches 1.5 km in length and the sea that washes in and out is crystal clear and clean. In an effort to promote tourism, however, and bring some additional funds into the Turkish Republic of North Cyprus (TRNC), the Turkish government pledged $300 million for an investment project .Today, Bafra is the home of Kaya Artemis Resort and Casino and the 200 million dollar Noahs Ark Hotel and casino, Limark Hotel and Concord 5 star luxury Hotels. Further developments are planned or under construction, as well as an 18 hole golf course.

 

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