The Famagusta area is the famous riviera in the south-east of the country, 22 beaches in this part of Cyprus have been awarded Blue Flags (in total, 49 beaches in Cyprus have this award).
The region is conveniently located: the road from the international airport and the seaport of Larnaca takes about half an hour.
Famagusta has the largest number of hotels (75) and apartment hotels (95) in Cyprus, as well as the highest net employment rates of all tourist areas of the country.
Reasonable property value with high return on investment and excellent exit strategies.
Huge funds are being invested in the region – projects worth more than €100 million are already being implemented. These are the construction of the new largest marinas in Ayia Napa and Protaras, the amphitheater and casino in Ayia Napa, the improvement of the Ayia Fekla embankment and many others.
This part of the island has always been highly valued by investors from Western and Northern Europe, Cypriots themselves often invest here. Thanks to the Cyprus investment program, the number of Russian-speaking, Chinese and Lebanese investors is growing every year. The interest of foreigners is concentrated in the coastal areas of Famagusta. The demand here is greater than the supply.