7787m2 Land in Ayia Napa, Ammochostos, Cyprus No. 62064

An extraordinary prime acquisition opportunity situated on Kryou Nerou Avenue in the prestigious Melissi Quarter in Agia Napa’s most sought-after tourism and resort corridor.

Parcel 413 represents a rare combination of immediate, multi-stream operational income and massive long-term redevelopment value. Featuring a unique split-zoning classification, the plot allows for high-density hotel development as well as commercial subdivision in Cyprus's premier coastal hospitality market.

Existing Improvements & Active Operational Assets:
Unlike raw development land, Parcel 413 delivers exceptional immediate cash flow, significantly reducing carrying costs during the planning, architectural, and permitting phases:

- Hotel: Existing 44-room operating hotel asset providing immediate hospitality yield and proven bed-capacity positioning.
- Supermarket: Highly visible, well-established retail anchor drawing heavy foot and vehicle traffic along Kryou Nerou Avenue.
- Commercial Showroom: High-frontage street-level retail/commercial space.
- Two Residential Apartments: Overhead residential units generating steady rental income or suitable for staff accommodation/on-site management.

Unrivaled Micro-Market Positioning:

- Prime Corridor: Located on Kryou Nerou Avenue within the Melissi Quarter—the top tier of Agia Napa’s hospitality real estate market.
- Proven Institutional Neighborhood: Directly adjacent to top-tier benchmark hotel properties including the Amanti Hotel and Melissi Beach Hotel,
confirming the ultra-premium positioning and high Average Daily Rates (ADR) of this immediate micro-market.
- Beach & Amenity Access: Minutes from pristine Blue Flag beaches, the coastal promenade, Agia Napa Marina, and central municipal amenities.

Development Potential & Split-Zoning Advantage:

1- Dual Split-Zoning: Combines dynamic commercial and high-density tourist zoning designations.

2- Flexible Development Scenarios:

* Flagship Hospitality: Redevelop into a 5-star boutique resort, luxury lifestyle hotel, or branded residences utilizing high-density tourism zoning.
* Mixed-Use Commercial Subdivision: Capitalize on the fronting commercial zone to construct ground-floor destination retail, dining, or luxury
showrooms with elevated luxury units above.
* Phased Master Planning: Retain existing income streams while securing permits for full-scale master-planned transformation.

Complete cadastral surveys, tenancy schedules, revenue data, and preliminary feasibility assessments are available to qualified buyers upon request.