Famagusta, Protaras, Cyprus
- PROPERTY TYPE
Mixed Use
- SIZE
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Description
The property offers a ground-floor shop and a first-floor apartment, sold together as one unit, making it a rare opportunity for investors seeking a commercial and residential combination in a high-demand coastal location.
Property Details
Type: Shop + Apartment (Block H, of an apartment complex )
Built: Around 1983
Condition: Vacant
Proximity: Steps from Fig Tree Bay and all tourist amenities (cafes, restaurants, supermarkets, hotels, shops)
Shop (Ground Floor)
Internal area: 206 m² (approx.)
Covered verandas: 81 m² (approx.)
Uncovered verandas: 422 m² (approx.)
Layout: Covered & uncovered dining area, bar, kitchen, storerooms, guest toilets, and exterior pergola area.
Apartment (First Floor)
Internal area: 142 m² (approx.)
Uncovered verandas: 44 m² (approx.)
Layout: Kitchen, living area, three bedrooms, and two bathrooms.
Legal & Ownership Details
Share for sale: 2/10 undivided share (Shop No. 24 and Apartment No. 24 in Block H).
Title deeds: Not available (no separate title deeds issued).
Transfer method: Standard bank sale through tender process.
Offers: The shop and apartment are sold together only — separate offers for individual units are not accepted.
Investment Highlights
Prime location on Protaras Avenue, main road to Cavo Greco
250 m from Fig Tree Bay — one of Cyprus’ most famous beaches
Ideal for renovation and conversion to a commercial space with short-term rental units or boutique restaurant with staff accommodation
Rare mixed-use property in the tourist zone, offering high ROI potential
Tender Information: Tender closing time: 10:00 AM every Tuesday, unless otherwise specified
Documents: Full legal file available for review by your lawyer prior to offer submission
Our service: We can handle the tender process and coordination with your lawyer on your behalf
Interested?
Contact us for more information, legal documents, and next tender deadlines.
Famagusta, Protaras, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Larnaka(International)26.0 miles
- Ercan(Local)33.1 miles
- Pafos(International)91.5 miles
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Notes
This is a property advertisement provided and maintained by Plus Wise Estates, Famagusta (reference 4272) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.