Cyprus Real Estate Marketplace

7000m² Office for Sale in Famagusta - Agia Napa

  • Brand New
  • 7000m²
  • €20 000 000
  • + VAT
Price per m²
€2857/m²
VAT
Not Included in Price
VAT for this property is €3,740,000 (Reduced 5% rate) or €3,800,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: 158632
  • Energy Efficiency: A

Exclusive Apartment Complex in Agia Napa – Prime Investment OpportunityWe are delighted to present a unique opportunity to invest in a contemporary apartment complex located in one of Cyprus’ most popular coastal resorts – Agia Napa. Currently at the Town Planning permit stage, the development consists of 10 modern buildings with a total of 96 stylish apartments: 88 spacious two-bedroom units and 8 three-bedroom units, ideal for both permanent living and short-term rentals.With an anticipated increase in the building coefficient, the project includes potential for expansion: one additional building with 12 two-bedroom apartments and one extra apartment on the top floor of each of the 8 existing buildings. This would bring the total to 116 units – 108 two-bedroom and 8 three-bedroom apartments.Perfectly positioned to benefit from the area’s strong tourism demand and rental market, the complex offers exceptional value both as a lifestyle property and an income-generating asset. This is a rare chance to secure a high-yield investment with long-term growth prospects in one of Cyprus’ most sought-after locations.Investors are currently being sought to realize and develop this promising project. Don’t miss the opportunity to become part of a high-potential venture at the early stage of its development.

  • Minucipality: Famagusta - Agia Napa
  • District: Famagusta
  • Postal code: 4102

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