Investment House, Famagusta, North Cyprus Properties for Sale

Key-Ready | Credit: Eligible

Situated in the heart of Yenisehir, Famagusta, this detached residence offers a rare combination of immediate comfort and exceptional development potential. Located within one of the most vibrant districts of Northern Cyprus, the property sits on a prime plot designated for high-density residential growth.

Location Highlights:

- Central Hub: Positioned in the desirable Yenisehir area of Famagusta.

- Development Zone: Located in a region permitting high-density residential projects.

Property Features:

- Development Potential: Valid permissions for a five-storey building.

- Zoning Capacity: Zoning allows for a density of 230 units per hectare.

- Ownership Type: Detached house currently occupying the plot.

Investment Verdict:

This is a sophisticated strategic acquisition, offering significant capital appreciation through its high-density redevelopment permissions in a central urban setting.

ROI: Estimated Annual Rental Income: £17,500 (7%)