- Country: Cyprus
- Industry: Real Estate
- Stage: Later stage
- Years in operations: 31, Employees: 10
- Investment size: $11,000,000 / min. $10,000,000
- Type of investment: Debt, Equity
We believe the right investor with the right connections will make unbelievable profits from developing the land either as a hotel, shopping mall or as a university. The land presents the possibility of developing a university campus similar to Harvard, with research centres, cafeterias, medical centres etc. This is feasible, since we have completed all the necessary government regulations.
A. L. Land Investment Group, Cyprus is currently considering various collaboration options with foreign Investors. The location of the land is at close proximity to the city’s new port redevelopment.
The recent natural gas discovery in Cyprus’s exclusive economic zone has made global news and offers the greatest opportunities for growth moving forward. The island brings international connections, political stability under EU protection, available land, and an attractive tax regime.
Located on the southern coast of Cyprus Larnaca is the island's second largest commercial port and an important tourist destination. Larnaca is the main gateway to Cyprus with a recently completed multi-million international airport located on the outskirts of the city.
The construction of the long awaited port and marina development is expected to finally get underway in January 2012, this along with other important infrastructural improvements will constitute the city as an even more popular tourist destination and in turn increase demand for property in the region, as reported by “InBusinessNews” 10/2011.
Dekhelia Road is a long established tourist zone featuring a wide selection of tourist accommodation including bars, restaurants and other tourist amenities.
The new marina is linked directly to the rejuvenation of Dekhelia Road. The development, which is expected to cost in the region of €1billion, will have a capacity of between 800 and 1,000 boats and will comprise a new hotel, retail and open green spaces, restaurants, cafes and new build homes and the first casino in the Country.
The Land in question is in a primary position off the arterial road, between Dekhelia road and the marina/port of Larnaca and 500 meters from the city’s main promenade.
. The first indoor shopping centre in Larnaca
. 13.031 Square footage of the land
. Universities or other equivalent schools
. Theme Parks
. Educational Institutions
. Private Hospitals, Medical Research Centers, Diagnostic Centers
. Multipurpose Sports Centers, Professional Athletic Centers.
. High Tech research and development facilities. Not for Production.
. Television or Radio Stations.
. Complete Tourist Facilities.
There are already many UK Universities and other foreign-owned establishments in Cyprus, and more will follow.
Good example is the UCLAN University in Larnaca and another is a Qatari investment company that is looking to invest in a 7* hotel in Nicosia.
Other large-scale projects are due to come on-line in the near future, demonstrating that Cyprus is seen as an excellent investment location – and with the new petro-gas developments in the area, Cyprus looks even more attractive.
Use of financing
Our offer is a comprehensive land opportunity for an investor to lease this land.
Period of Lease negotiable.
Opportunity for the investor
Feasibility study and all additional information regarding project set up including land facilities ownership, evaluation of the project, official permits is available on request.
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