Situated in one of the most picturesque coastal settings between Ayia Napa and Cape Greco, only a few meters from the sea, this exceptional 14,172 (net) sq.m plot presents a rare investment opportunity in one of Cyprus’s most sought-after coastal locations. Overlooking the turquoise waters of Cape Greco, the property enjoys an outstanding natural setting, combining proximity to the coastline with the potential for the creation of a premium hospitality or residential destination.
The generous size of the land and its privileged location allow for a range of development possibilities, offering investors flexibility in selecting the concept that best matches their vision. The first option involves the development of 12 luxury villas, each with an average size of 300 sq.m, situated within their own individual plot areas of approximately 1,000 sq.m. This approach creates an exclusive residential environment where privacy, space, and the surrounding coastal landscape can become defining elements of the development.
A second option is the creation of a 4-star hotel offering 110 rooms, providing the opportunity to establish a well-positioned hospitality destination in close proximity to the sea. Alternatively, the plot can accommodate a 5-star hotel development featuring 100 rooms, designed to serve the needs of visitors seeking a high-quality coastal experience in a remarkable natural setting.
The fourth option combines hospitality and residential elements through the development of a 5-star hotel with 50 rooms together with 23 two-bedroom apartments. This mixed-use concept provides an alternative investment model, allowing for a diverse range of accommodation options within the same prime coastal location. With its impressive size, exceptional position, and multiple development scenarios, this property represents a distinctive opportunity for investors seeking a significant coastal project in the Ayia Napa and Cape Greco area. Its versatile potential makes it suitable for creating a landmark destination tailored to different market demands and investment strategies.