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Agricultural land 18395 m²

Paphos, Drymou
Posted: 02.04.2024 12:44 Ad ID: 4326889
Agricultural land 18395 m²-1 Agricultural land 18395 m²-2 Agricultural land 18395 m²-3
  • Share: No
  • Density: 10
  • Coverage: 10
  • Land type: Field
  • Plot area: 18395 m²
  • Plot Type: Agricultural
  • Parcel number: 27
  • Planning zone: Γ3
  • Online viewing: Yes
  • Square meter price: €5 /m²
  • Registration number: 4626
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☀️Solar Farm Investment Opportunity, with High Returns☀️

New Reduced Price: €94,000 (VAT not applicable)

18,395 sqm agricultural land in Drymou, Paphos.

Its strategic location has attracted significant interest from Renewable Energy Companies in Cyprus, who are offering long-term leasing options.

Key Features :

Land Size: 18,395m2

Road Frontage: Approximately 50m (Registered road)

Building Density: 10%

Site Coverage: 10%

+Essential for Solar Farm Development: The land's flat topography, absence of environmental zoning restrictions (Natura 2000, protected zoning, bird-protected fly zone), maximum sun exposure, minimal trees and Full ownership (no shares) make it ideal for the development of a Solar Farm.

Investment Options:

Lease Opportunity:

The land can be leased to a reputable Renewable Energy Company, providing a potential return of at least 7%. With increasing interest from multiple companies in Cyprus, securing a long-term lease agreement offers a stable income stream.

Development Potential:

Alternatively, the owner can choose to develop the land independently. This flexibility gives you the opportunity to create your own solar farm or explore other development possibilities.

In addition to its solar farm potential, the land is also suitable for agricultural purposes.

The owner is motivated to facilitate a quick sale with the new reduced price of €94,000. VAT is not applicable to this sale. The competitive pricing and unique combination of essential attributes for solar farm development make this a lucrative investment opportunity—one of the few big pieces of land in Cyprus that satisfies all these criteria!

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Alexandros

Posting since oct, 2020

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