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50% Share with Full Ground Floor Ownership - Strategic Tourist Location - Strong Income Potential
We are pleased to present a rare investment opportunity in the heart of Ayia Napa, one of Cyprus’s most iconic and high-demand tourist destinations. This offering consists of a 50% distributed share of a two-storey mixed-use building, with exclusive ownership of the entire ground floor.
Perfectly positioned just steps from Ayia Napa’s commercial core and beaches, this property is ideal for investors looking for immediate rental income, commercial use, or long-term redevelopment potential.
Location:
• 300m north of Ayia Napa Monastery
• 430m west of Cavo Greco Avenue
• 1km northwest of Ayia Napa Harbor
• High-visibility area with significant tourist footfall year-round
Property Breakdown – Exclusive Ground Floor Ownership:
• Retail Shop
Approx. 35 sq.m. internal area
4 sq.m. covered veranda, 4 sq.m. uncovered veranda
• Pub/Bar
Approx. 179 sq.m. internal area
4 sq.m. covered veranda, 35 sq.m. uncovered veranda
Strong potential as a bar, restaurant, or lounge in a lively commercial zone
• 1-Bedroom Apartment
Approx. 37 sq.m. internal area
4 sq.m. covered veranda, 4 sq.m. uncovered veranda
Ideal for private use, staff housing, or short-term Airbnb rental
Property Summary:
• Total Ground Floor Enclosed Area: Approx. 251 sq.m.
• Covered Verandas: 8 sq.m.
• Uncovered Verandas: 43 sq.m.
• Plot Size: 498 sq.m.
• Year Built: 1980
Formal Distribution Agreement in place.
Clearly defining exclusive ownership areas (marked in red in official docs).
• Planning Zone: Πα10α
• Building Coefficient: 100%
• Coverage: 50%
• Floors Allowed: 3
• Max Height: 13.5m
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 1899510. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
