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Restaurant
Coral Bay, Paphos

€1,600,000  ($1,858,104)

Cyprus Sotheby’s International Realty

Cyprus Sotheby’s International Realty

ConceptRealty Ltd., Registration No. 1013, License No. 517/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 $65,034

Average Bank Rate (€1,600,000)
1 USD = 0.8320 EUR
$1,923,137

Mid-market rate (€1,600,000)
1 USD = 0.8611 EUR
$1,858,104

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: 8669775 (17856)
  • Plot: 600 sqm

Description

Positioned in the very heart of Coral Bay, one of the most established and vibrant resort destinations in the Paphos region, this exceptional commercial property presents a rare opportunity to acquire a fully renovated restaurant space in a prime coastal location just moments from the sea.
Surrounded by luxury villas, hotels, tourist attractions, and a constant flow of visitors throughout the year, the property benefits from outstanding visibility and strong long-term commercial potential. Located within a well-known commercial complex, the restaurant is perfectly suited for a high-end dining concept, boutique hospitality venue, or family-operated business.
The building was comprehensively renovated to high standards and offers spacious indoor dining areas alongside atmospheric open and covered terraces capable of accommodating a large number of guests. Elegant interiors, professional ventilation systems, extensive electrical capacity, and convenient guest facilities support a wide range of hospitality concepts.
With Coral Bay continuing to experience strong tourism demand and year-round activity, this property represents a compelling investment within one of Cyprus’ most recognised coastal destinations.

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
€60,600 ($70,376)
If buying on joint names
€57,200 ($66,427)

Disclaimer - Property reference 8669775. 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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