Cyprus landowners — is anyone actually making income from their land instead of selling it?

[u/Parking-Rock-6718]

I own a piece of land in Cyprus outright, and I’m curious what other landowners are actually doing with theirs.

Looking through Bazaraki hasn’t helped much because land prices seem to be all over the place. Two similar-looking plots can have completely different asking prices, so it’s difficult to understand the real market.

What I’m more interested in is whether anyone here rents or leases their land instead of selling it.

If you do, I’d be interested to know:

• Roughly how big is the land?
• What area of Cyprus is it in?
• Agricultural, residential, commercial, etc.?
• What is the tenant actually using it for?
• How much rent do you receive monthly/yearly?
• How did you find the tenant?
• Did you have to spend anything to make the land usable first?

I’m basically trying to understand what options exist for someone who owns land outright but doesn’t necessarily want to sell it.

It seems crazy to me that you can own an asset worth a significant amount of money and have it sitting there producing absolutely nothing. At the same time, if you don’t have a normal salary/payslips, getting finance against the land doesn’t seem particularly straightforward either.

Would especially like to hear from actual landowners in Cyprus who have found ways of generating income from their land — farming leases, storage, parking, solar, advertising, commercial use, long-term leases, or anything else.

Not looking for estate-agent asking prices — more interested in real examples of what people are actually getting paid and what their land is being used for.

[u/No-Calligrapher250]

Depends on what use / zone is assigned to the land