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Restaurant
Oroklini, Larnaca

€650,000  ($749,096)

Blue Sky Houses

Blue Sky Houses

License Number: 819 Registration Number: 355/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $26,218

Average Bank Rate (€650,000)
1 USD = 0.8384 EUR
$775,314

Mid-market rate (€650,000)
1 USD = 0.8677 EUR
$749,096

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8117803 (46747)
  • Plot: 720 sqm
  • Air Conditioning
  • Guest toilet
  • Maids Quarters
  • Private Parking (covered)
  • Investment Oportunity
  • Tourist zone

Description

Fully licensed pub/restaurant with development potential, ideally located in the heart of Oroklini (Voroklini), one of the Larnaca region’s most established and fast-growing touristic areas. Positioned on a prime main-road corner with excellent visibility, regular footfall, and strong traffic flow, the property benefits from a surrounding mix of residential homes, hotels, and holiday accommodation, ensuring consistent local and tourist demand. The 720 m² plot includes a fully operational and income-producing pub with all licences in place, private rear parking, and strong rental income secured by a lease until June 2027, offering instant returns from day one. An additional one-bedroom unit upstairs is not included in the current rent and can be used or rented separately for extra income. Zoned H2 with 90% density, 50% coverage, two floors and approximately 648 m² buildable area, the site presents significant redevelopment upside, including options for a modern gastro pub, large restaurant with beer garden, mixed-use commercial and residential project, boutique apartments, event venue, or a dual-income scheme combining hospitality and residential units. With limited availability of large commercial plots in the centre of Oroklini, strong tourism growth, a large local and expat population, and excellent long-term capital appreciation prospects, this is a rare high-yield commercial investment opportunity in Cyprus’ expanding hospitality market.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€22,600 ($26,045)
If buying on joint names
€19,200 ($22,127)

Disclaimer - Property reference 8117803. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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