Location Overview
Pigenia, a serene village perched on the northwestern edge of Cyprus, offers a secluded paradise ideal for a distinctive glamping project. With its untouched natural landscapes and sweeping views of the Mediterranean Sea, Pigenia stands out as a haven for those seeking tranquility and a deep connection with nature.
The village's proximity to the pristine coastline provides an exceptional opportunity for glamping sites that wish to offer a coastal retreat without the usual crowds. The clear waters and gentle beaches nearby are perfect for an array of water activities, from morning swims to sunset kayaking, enriching the outdoor experience for guests.
Pigenia's elevation grants it a vantage point that boasts spectacular sunsets and sunrises, an artist's palette of colors that could become a daily spectacle for glampers. The surrounding terrain, with its gentle hills and rich vegetation, is ideal for hiking, bird watching, and nature photography, offering glamping guests a myriad of ways to engage with the environment.
Culturally, Pigenia is a mosaic of Cyprus's rich history and traditions. The village exudes a rustic charm with its traditional architecture and local craftsmanship, allowing a glamping experience that intertwines luxury with the authentic Cypriot rural life.
The unique combination of seclusion, natural beauty, and cultural authenticity makes Pigenia a prime spot for glamping. Here, guests can immerse themselves in an experiential stay that promises peace, privacy, and an unforgettable adventure, setting the stage for a successful and sustainable glamping enterprise.
Project Development Area
Envision a glamping sanctuary spread across 92,000 square meters of undulating terrain, nestled 700 meters above sea level where the sky meets the treetops. This expansive estate is a harmonious blend of dense pine and spruce forests interspersed with generous clearings primed for bespoke development.
Every inch of this land promises unparalleled panoramic views, with the zenith offering a breathtaking 360-degree spectacle. Gaze upon the tranquil sea and the charming village of Pigenia, or let your eyes wander over the majestic mountain slopes that cradle this haven. This is a rare opportunity to create a glamping experience defined by natural grandeur and exclusive vistas, truly a canvas awaiting the strokes of visionary development.
Projected Residential Capacity
Envisioned to accommodate 30-50 glamping modules, crafted to blend seamlessly with the environment while offering modern comforts and amenities.
Infrastructure and Amenities (existing)
Capital Investment Required
Investments ranging between €4.0 million and €6.0 million.
Financial Projections (at investment €4.5 million)
Additional Financial Considerations
These projections do not account for the anticipated growth in land value, which is expected to make the purchase of these plots exceptionally advantageous. A conservative estimate forecasts a minimum annual land value appreciation of 5-7%.
Project Timeline
The project is projected to launch within a 18-month timeframe, ensuring a timely realization of investment benefits.
Pigenia, a serene village perched on the northwestern edge of Cyprus, offers a secluded paradise ideal for a distinctive glamping project. With its untouched natural landscapes and sweeping views of the Mediterranean Sea, Pigenia stands out as a haven for those seeking tranquility and a deep connection with nature.
The village's proximity to the pristine coastline provides an exceptional opportunity for glamping sites that wish to offer a coastal retreat without the usual crowds. The clear waters and gentle beaches nearby are perfect for an array of water activities, from morning swims to sunset kayaking, enriching the outdoor experience for guests.
Pigenia's elevation grants it a vantage point that boasts spectacular sunsets and sunrises, an artist's palette of colors that could become a daily spectacle for glampers. The surrounding terrain, with its gentle hills and rich vegetation, is ideal for hiking, bird watching, and nature photography, offering glamping guests a myriad of ways to engage with the environment.
Culturally, Pigenia is a mosaic of Cyprus's rich history and traditions. The village exudes a rustic charm with its traditional architecture and local craftsmanship, allowing a glamping experience that intertwines luxury with the authentic Cypriot rural life.
The unique combination of seclusion, natural beauty, and cultural authenticity makes Pigenia a prime spot for glamping. Here, guests can immerse themselves in an experiential stay that promises peace, privacy, and an unforgettable adventure, setting the stage for a successful and sustainable glamping enterprise.
Project Development Area
Envision a glamping sanctuary spread across 92,000 square meters of undulating terrain, nestled 700 meters above sea level where the sky meets the treetops. This expansive estate is a harmonious blend of dense pine and spruce forests interspersed with generous clearings primed for bespoke development.
Every inch of this land promises unparalleled panoramic views, with the zenith offering a breathtaking 360-degree spectacle. Gaze upon the tranquil sea and the charming village of Pigenia, or let your eyes wander over the majestic mountain slopes that cradle this haven. This is a rare opportunity to create a glamping experience defined by natural grandeur and exclusive vistas, truly a canvas awaiting the strokes of visionary development.
Projected Residential Capacity
Envisioned to accommodate 30-50 glamping modules, crafted to blend seamlessly with the environment while offering modern comforts and amenities.
Infrastructure and Amenities (existing)
- Public parking area
- Electrical grid connection
- Community water supply
Capital Investment Required
Investments ranging between €4.0 million and €6.0 million.
Financial Projections (at investment €4.5 million)
- Net Present Value (NPV): €6,050,460
- Internal Rate of Return (IRR): 25.1%
- Profitability Index (PI): 2.4
- Payback Period (PP): 5 years and 2 months
- Discounted Payback Period (DPP): 5 years and 7 months
Additional Financial Considerations
These projections do not account for the anticipated growth in land value, which is expected to make the purchase of these plots exceptionally advantageous. A conservative estimate forecasts a minimum annual land value appreciation of 5-7%.
Project Timeline
The project is projected to launch within a 18-month timeframe, ensuring a timely realization of investment benefits.
Eager to learn more? Reach out to us for an in-depth discussion of this exciting investment prospect!
All information provided is subject to clarification. Please check with a company specialist for the current status of the investment opportunity's availability.
