Sea View Plot, Gemikonagi, North Cyprus Properties for Sale

Turnkey | Credit Eligible

This prime residential plot is located in the strategic Gemikonagi area of Lefke Northern Cyprus. It represents a versatile real estate opportunity in a rapidly developing coastal region. North Cyprus Property For Sale

Location Highlights:

- Strategic Position Situated directly on the road with high visibility and commercial potential.

- Scenic Environment Unobstructed sea mountain and greenery views.

- Education Hub Proximity to European University of Lefke ensures constant demand.

Property Features:

- Generous Plot 626 square meters of residential zoned land offering significant development footprint.

- Dual Use Zoning and road frontage allow for both high end residential or commercial conversion.

- Existing Structure Includes an old building providing a footprint for renovation or demolition.

Investment Verdict:

Lefke is experiencing a surge in infrastructure and academic growth. This plot offers a rare hybrid of commercial accessibility and residential serenity making it a high yield asset for developers.

ROI Estimated Annual Rental Income 21140 (7 percent)