Five Floor Residential Land, Famagusta, North Cyprus Properties for Sale

Discover a rare development opportunity in the heart of Mağusa Merkez, Gazimağusa, Northern Cyprus. This expansive residential plot offers a tranquil setting while remaining exceptionally close to city amenities, distinguished by its impressive size and significant building potential.

Location Highlights:

- Central Setting: Situated in the vibrant Mağusa Merkez district

- Urban Convenience: Located within the historic city of Gazimağusa

Property Features:

- Generous Proportions: Expansive 1,338 square metre plot

- Development Potential: Zoned for residential use with five-floor permission

- Investment Ready: A premium canvas for a multi-storey project

Investment Verdict:

This sizable plot represents a secure acquisition for developers seeking to capitalise on the high demand for residential living in a prime urban location.

ROI: Estimated Annual Rental Income: £18,550 (7%)