Ayia Napa, Famagusta Project For Sale | 41516
- Status: For Sale
- Property type: Residential Building
- Ref. ID: 41516
- City: Famagusta
- Area: Agia Napa
- Condition: Brand New
- Plot / Land Area: 6533 m2
- Covered Area: 6533 m2
- Parking type: Covered
- Parking spaces: 1
- Energy Efficiency Rating: A
Features
- Barbecue area
- Elevator
- Jacuzzi
- Roof Garden
- Security System
- Storage room
Details
This exclusive development in the heart of Ayia Napa presents two premium investment options: 18 luxury villas or 27 luxury apartments, both offering significant potential for high returns. The villas, each boasting 130 sq.m. of interior space with four bedrooms, are set on large plots ranging from 280 to 300 sq.m. These high-end properties are designed for buyers seeking privacy, luxury, and strong rental income, with features such as private swimming pools, roof gardens, open-plan living spaces, and beautifully landscaped gardens. The apartments, on the other hand, are modern, stylish units that cater to both residential buyers and the rental market, making them perfect for short-term vacation rentals or long-term investment opportunities. Located just 300 meters from the beach and 50 meters from the bustling Nissi Avenue, the project enjoys prime proximity to key amenities, including public transport, educational institutions, and shopping. The renowned Nissi Beach is only 800 meters away, and the Ayia Napa Marina is 4 km away, making this development a prime choice for those seeking a blend of luxury and convenience. The development spans a total land area of 6,533 sq.m., ensuring ample space for each property. With a development cost of €8.5 million for either option, the project promises substantial capital growth, with the villas offering a return on investment (ROI) of 21% and the apartments providing an ROI of 12.3%. The development is expected to be completed within 24-36 months, with strong potential for capital appreciation and consistent rental income, making it an ideal opportunity for affluent buyers and investors looking to profit from one of Cyprus’s most sought-after locations.