You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
This commercial building in the heart of Ayia Napa presents an excellent investment opportunity for entrepreneurs, business owners, and investors. Situated on a 813 sqm plot, the property comprises a ground-floor bar and four apartments on the upper floor, offering multiple income streams and strong future potential. The apartments are currently rented to workers, providing immediate rental income, while the ground-floor commercial space offers great potential for a variety of business ventures. Conveniently located close to amenities and within walking distance to bus service, the property enjoys a strategic location in one of Famagusta’s most popular areas. The building is in need of renovation, allowing a new owner to modernize and maximize its value according to their vision and business goals. Whether you are looking to expand your portfolio, establish your own operation, or redevelop the property, this is a rare opportunity to acquire a mixed-use building with excellent long-term potential in Ayia Napa.
TITLE DEEDS OF LAND AVAILABLE (1 field whole share [316 sqm] + 1 field 1/2 share with Distribution Agreement in place [497 of 993 sqm])!!!
SPECIFICATIONS:
Planning Zone: Πα10α (Tourist/Holiday Housing Zone / Πολεοδομική Ζώνη Παραθεριστικής Κατοικίας)
Building Factor: 100%
Cover Factor: 50%
Height: 13.5 meters
Floors: 3
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 8713730. 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.