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Distributed share of a mixed-use property in ayia napa

Famagusta, Agia Napa
Posted: Yesterday 13:17 Ad ID: 5953804
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  • Reference number: 33226
  • Area: 251 m²
  • Type: Shops, showrooms
  • Condition: Resale
  • Postal code: 5330
  • Construction year: Older
  • Energy Efficiency: N/A
  • Square meter price: €1.191 /m²
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Distributed 50% Share of a Mixed Used Building - 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 allocation of the area 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

oApprox. 35 sq.m. internal area

o4 sq.m. covered veranda, 4 sq.m. uncovered veranda

•Pub/Bar

oApprox. 179 sq.m. internal area

o4 sq.m. covered veranda, 35 sq.m. uncovered veranda

oStrong potential as a bar, restaurant, or lounge in a lively commercial zone

•1-Bedroom Apartment

oApprox. 37 sq.m. internal area

o4 sq.m. covered veranda, 4 sq.m. uncovered veranda

oIdeal 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

Energy Performance Certificate: Pending issuance.

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Run a full technical and legal real estate check today
  • Technical inspection:
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  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218

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€299.000
€1.191/m²
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Posting since feb, 2023

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