Prime Inv. Opportunity – Distributed Share of a Mixed-Use Property in Ayia Napa

Agia Napa, Famagusta
€299,000
27295

Overview

  • Bathrooms 1
  • Toilets 1
  • Floors 2
  • Year of construction 1980
  • Status Resale
  • Share 50
  • Covered 251 m²
  • Plot 498 m²

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 o Approx. 35 sq.m. internal area o 4 sq.m. covered veranda, 4 sq.m. uncovered veranda • Pub/Bar o Approx. 179 sq.m. internal area o 4 sq.m. covered veranda, 35 sq.m. uncovered veranda o Strong potential as a bar, restaurant, or lounge in a lively commercial zone • 1-Bedroom Apartment o Approx. 37 sq.m. internal area o 4 sq.m. covered veranda, 4 sq.m. uncovered veranda o Ideal 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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