£14,702,309

Land for sale

  1. Property photo 1 of 1.

£14,702,309

€17,500,000

Land for sale

Mazotos, Cyprus

Local area information

Property location

This location is approximate only. Contact the agent for the exact address.

Nearby amenities

Features and description

  • Investment opportunity
Solar Power Plant - Investment Opportunity in Cyprus (6121)

price 17.500.000

Operational Since: November 1st, 2023

Total Capacity: 10 mw

Land Information:

Total Area: 201.000 sq.m

Project Overview:

Financials: Electricity price under T40 tariff - 19% for the first 5 years.

Investment Benefits: Operational since 2023, offering significant potential for returns in a region with high solar radiation levels.

Why Invest in Solar Power Plant, Cyprus?

High Solar Radiation: Cyprus enjoys abundant sunshine, making it an ideal location for solar energy projects.

Financial Metrics: Favorable financing terms with bank financing, competitive loan terms, and tax benefits.

Operational Since 2023: The plant is already operational, providing immediate income generation opportunities.

Financial Metrics:

Bank Financing: €7,200,000 loan with 2.75% interest rate, 70% debt capital, and 12.5% tax.

Operational & Maintenance Cost: €70,000 per year.

Ppa Tariff: T40 - 19% for the first five years, offering stable revenue streams.

Technical Details:

Installed Capacity: 10 mw DC/ac
Technology: Static pv panels
Global Horizontal Irradiation: 1730 kWh/m2
Yearly Production: 18,000,000 kWh/year
Grid Connection: Power Substation

Development Plan & Status:

Land: Title deeds in place.

Expansion Potential: Additional 5 MWp upgrade possible, offering scalability options.

Invest in Solar Power Plant and be part of Cyprus' renewable energy revolution.

---- 2 Options for the land ----

-Buy The Land For 3.200.000

-Rent The Land for 25 years

Contact us for further details and investment opportunities.

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Property descriptions and related information displayed on this page are marketing materials provided by - Lextrus Real Estate LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lextrus Real Estate LTD for full details and further information.

  1. Zoopla
  2. Overseas
  3. Cyprus
  4. Nicosia
  5. Mathiatis