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• Internal Area 2230m2
• Plot 1200m2
• Prime Area
• Near Amenities
• Easy Access to Highway
A rare opportunity to acquire a historic and fully licensed hospitality venue of exceptional scale and potential, ideally located in Agios Epifanios (Nicosia), directly on the main road, with excellent accessibility and just 20 km from the center of Nicosia.
The property offers substantial capacity and versatility, with the ability to accommodate:
up to 300 guests in its interior areas, and
up to 700 guests in total, including outdoor spaces,
making it ideal for weddings, receptions, social and corporate events, high-volume dining operations, and private functions.
Key Features:
Residential accommodation on site, consisting of two bedrooms and one bathroom, allowing the venue to operate simultaneously as a residence for owners or as accommodation for staff.
The property holds all valid building permits and a full operating license as a restaurant, ensuring immediate and legal operation.
A private water borehole, fully functional 24/7, offering significant operational independence and cost efficiency.
Investment & Development Potential:
This venue presents exceptional investment prospects, driven by:
its historical significance,
its prime roadside location,
its large-scale capacity and multifunctional layout, and
the possibility for the new owner to benefit from European Union business and development grants, which may be available for hospitality, tourism, and property enhancement projects.
Whether maintained as a traditional tavern, upgraded into a premium event venue, or repositioned as a multifunctional hospitality destination, this property offers strong branding potential and immediate revenue opportunities.
A unique investment asset for hospitality professionals, investors, and developers seeking a property with history, visibility, and long-term growth potential.
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.
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