Cost-Effective Land for Projects in Gaziveren
Description
Project Land in Gaziveren
Turkish Title Deed
Located on the western coast of Cyprus, Gaziveren has become a prestigious area attracting both investors and those who wish to live in harmony with nature. It has emerged as a focal point for next-generation residential projects.
The property for sale is situated within the boundaries of Gaziveren and stands out with its advantageous location:
📍 Only 1,820 meters to the Gaziveren Martyrs’ Memorial
📍 1,055 meters to Aphrodite Beachfront Resort – the landmark project of the area!
📍 Just 720 meters to the sea – within walking distance to the beach!
📍 1,825 meters to the main road – excellent transportation access!
This valuable land, covering a total of 17,688 m², is surrounded by palm trees and maintains its natural texture.
Zoning and Development Projection
Following a preliminary assessment conducted within the scope of this report, a development projection has been prepared based on the residential development potential of the property.
This projection takes into account regional zoning conditions, building coefficients, and green space allocations:
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Total land size: 15,494.74 m²
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After allocating 10% for green areas, the net buildable area becomes 13,945.27 m².
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Based on a Floor Area Ratio (FAR) of 2.2, approximately 30,680 m² of gross construction area can be achieved.
According to the above data:
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Parcel No. 30: Covers 15,494.74 m². After a 10% green space deduction, the net buildable area is 13,945.27 m². With a 2.2 FAR, approximately 30,680 m² of gross construction area can be developed.
This corresponds to about 383 units of 2+1 apartments, each averaging 80 m².
Considering that even the lowest-priced 2+1 apartments in the area are sold for £80,000, the project has the potential to reach a gross turnover of approximately £30 million, accounting for both positive and negative factors.
Gaziveren is traditionally known for its citrus production and fertile agricultural lands. In recent years, it has also become a hub for windsurfing and nature sports. It is one of the rare coastal areas in Cyprus with permission for high-rise development and benefits from being regulated under Chapter 96 legislation, enhancing its investment potential.
These parcels, located at the intersection of the sea, nature, and investment opportunities, are positioned to be among today’s and tomorrow’s most valuable assets!
💼 If you are looking to make a profitable investment and secure a prime location in Cyprus, don't miss this opportunity!
For detailed information and evaluation:
Dengiz Kürşat
📞 +90 533 851 23 23
Legal Disclaimer
The information provided on this page is valid as of the date it was published and is for informational purposes only. For the most up-to-date prices, conditions, and other details, please contact Avertiss directly. Our company reserves the right to make changes and updates to the provided information without prior notice.
- Price: £ 1,150,000
- Property Type: For Sale
- Gross m2 17716
- Net m2 17716
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