Location Overview
Platres, a charming mountainous village in Cyprus, is a picturesque locale that offers an idyllic backdrop for a glamping project. As one of the island's premier hillside retreats, Platres is renowned for its refreshing climate, lush vegetation, and scenic waterfalls, providing a refreshing alternative to the coastal heat, particularly in the summer months.
The village's altitude and forested surroundings present an array of outdoor activities, from tranquil nature walks to more adventurous pursuits like mountain biking or exploring the famous Caledonia Falls. This diversity makes Platres an attractive destination for both relaxation and adventure seekers.
Culturally rich and infused with a legacy of hospitality, Platres is dotted with traditional taverns and cultural sites, offering a taste of Cypriot heritage along with modern amenities. It's a place where visitors can enjoy the comforts of upscale glamping while being steps away from authentic village life.
With its established reputation as a tourist destination, Platres provides a ready audience for a glamping experience. Its natural beauty, combined with the existing infrastructure, including quaint shops and local eateries, ensures that a glamping site here would offer not just a stay, but a holistic experience that blends luxury with the rustic charm of Cypriot mountain life.
In Platres, glampers can wake up to the sound of birds and the sight of towering pines, spend their days exploring serene nature trails, and their evenings under a canopy of stars, making it a prime location for a glamping venture that promises a unique blend of nature, comfort, and culture.
Project Development Area
This quaint yet extraordinary parcel of land is nestled on the outskirts of the village of Platres. It covers a total area of 12,000 square meters and is perfectly suited to host an exclusive cluster of 15 high-end residential modules, offering luxurious and refined accommodations for your discerning guests.
Currently, half of the plot flourishes with fruit trees and grapevines, adding a touch of agrarian charm, while the other half is a lush pine forest, providing a sense of seclusion and serenity. At the base of the plot, a gentle river runs, bringing cool relief even during the peak of summer. This land offers a unique blend of natural elegance and opulent potential, a rare opportunity to create a bespoke glamping experience in Platres.
Projected Residential Capacity
Envisioned to accommodate 15 luxury glamping modules, crafted to blend seamlessly with the environment while offering modern comforts and amenities.
Infrastructure and Amenities (existing)
Approvals
The project has undergone preliminary consultations with municipal authorities, earning their endorsement and setting the stage for a development that aligns with community and environmental standards.
Capital Investment Required
Investments ranging between €5.0 million and €7.0 million.
Financial Projections (at minimum investment)
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 10%.
Project Timeline
The project is projected to launch within a 12 to18-month timeframe, ensuring a timely realization of investment benefits.
Platres, a charming mountainous village in Cyprus, is a picturesque locale that offers an idyllic backdrop for a glamping project. As one of the island's premier hillside retreats, Platres is renowned for its refreshing climate, lush vegetation, and scenic waterfalls, providing a refreshing alternative to the coastal heat, particularly in the summer months.
The village's altitude and forested surroundings present an array of outdoor activities, from tranquil nature walks to more adventurous pursuits like mountain biking or exploring the famous Caledonia Falls. This diversity makes Platres an attractive destination for both relaxation and adventure seekers.
Culturally rich and infused with a legacy of hospitality, Platres is dotted with traditional taverns and cultural sites, offering a taste of Cypriot heritage along with modern amenities. It's a place where visitors can enjoy the comforts of upscale glamping while being steps away from authentic village life.
With its established reputation as a tourist destination, Platres provides a ready audience for a glamping experience. Its natural beauty, combined with the existing infrastructure, including quaint shops and local eateries, ensures that a glamping site here would offer not just a stay, but a holistic experience that blends luxury with the rustic charm of Cypriot mountain life.
In Platres, glampers can wake up to the sound of birds and the sight of towering pines, spend their days exploring serene nature trails, and their evenings under a canopy of stars, making it a prime location for a glamping venture that promises a unique blend of nature, comfort, and culture.
Project Development Area
This quaint yet extraordinary parcel of land is nestled on the outskirts of the village of Platres. It covers a total area of 12,000 square meters and is perfectly suited to host an exclusive cluster of 15 high-end residential modules, offering luxurious and refined accommodations for your discerning guests.
Currently, half of the plot flourishes with fruit trees and grapevines, adding a touch of agrarian charm, while the other half is a lush pine forest, providing a sense of seclusion and serenity. At the base of the plot, a gentle river runs, bringing cool relief even during the peak of summer. This land offers a unique blend of natural elegance and opulent potential, a rare opportunity to create a bespoke glamping experience in Platres.
Projected Residential Capacity
Envisioned to accommodate 15 luxury 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 and sewage
Approvals
The project has undergone preliminary consultations with municipal authorities, earning their endorsement and setting the stage for a development that aligns with community and environmental standards.
Capital Investment Required
Investments ranging between €5.0 million and €7.0 million.
Financial Projections (at minimum investment)
- Net Present Value (NPV): €3,540,000
- Internal Rate of Return (IRR): 16.2%
- Profitability Index (PI): 1.67
- Payback Period (PP): 5 years and 2 months
- Discounted Payback Period (DPP): 6 years and 4 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 10%.
Project Timeline
The project is projected to launch within a 12 to18-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.
- Photos provided are not exactly from the site (but includes territory nearby). Pictures of the site will be published soon.
