Agricultural Land with mountain residence in Troodos area

Ref No:
€2.750.000
  • Status: For Sale
  • Property type: Land / Field
  • Property Subtype: Agricultural
  • Ref. ID: 21002
  • City: Limassol
  • Area: Kyperounta
  • Plot / Land Area: 18147 m2
  • Energy Efficiency Rating: N/A

Details

Highly distinctive integrated mountain estate in Troodos area of Limassol District, combining productive agricultural land, amature commercial Nashi orchard, secure water infrastructure, automated agricultural systems and an established mountain residence with proven tourism appeal.

The estate includes approximately 800 mature Nashi/Asian pear trees, stated to be
approximately 25 years old and currently in full commercial production.

The crop-income figures are based on last year’s actual returns, with annual production of approximately 150 tonnes and an average wholesale price of approximately €2.50 per kilogram.

On that basis, the agricultural operation generated approximately:
150,000 kg × €2.50/kg = €375,000 gross annual crop revenue.

A preliminary income-based valuation analysis indicates that, depending on the normalised operating margin achieved from the approximately €375,000 annual crop turnover, the agricultural enterprise alone could support a value in the approximate range of €1.5 million to €2.5 million, subject to verification of recurring net operating income, orchard condition, water rights and operating costs.

The property is further enhanced by:
• two boreholes providing abundant water for the orchard;
• automated irrigation;
• automated spraying and fertilisation systems;
• electricity;
• internet connectivity;
• a distinctive mountain residence
• a commanding elevated position with approximately 360-degree panoramic views
• a strong Airbnb operating reputation with very high guest satisfaction