Paphos, Coral Bay, Cyprus

MIXED-USE COMMERCIAL BUILDING WITH RESTAURANT FACILITIES AND THREE-BEDROOM APARTMENT IN CORAL BAY, PAPHOS

Located in the heart of Coral Bay’s tourist area, close to the beach, hotels, restaurants, bars, and local amenities, this mixed-use commercial property offers a good opportunity for investors or hospitality operators looking to establish or expand a business in one of Paphos’ busiest tourist locations.

The property was renovated in 2022 and previously operated as a restaurant, with several separate areas that can operate at the same time. The main restaurant area includes a dining space with bar, fully functioning kitchen, disabled-access facilities, and access to a large terrace with seating capacity for approximately 200 guests. The terrace is partially covered, allowing for use throughout the year, while the surrounding garden area adds privacy and outdoor seating space.

Additional lounge and seating areas can be used for private events, functions, or extra restaurant capacity. The basement includes fully equipped preparation kitchens, storage rooms, a wine cellar with air-conditioning system, staff facilities, and multiple restrooms.

The property is equipped with a professional ventilation system, VRV air conditioning, elevator access, refrigerators, freezers, wine fridge, fitted bar areas, and a strong electricity supply suitable for commercial use.

A spacious three-bedroom apartment is also included within the property, suitable for owner accommodation, staff housing, or rental purposes.

The property also benefits from private parking and easy access to public transport.

Coral Bay, nestled along the pristine coastline of Paphos, Cyprus, is a captivating destination renowned for its sun-kissed beaches, azure waters, and vibrant atmosphere. This coastal haven, situated a short drive from the historic city of Paphos, beckons visitors with its golden sands and crystal-clear Mediterranean Sea. Coral Bay is celebrated for its Blue Flag beaches, exemplifying a commitment to environmental excellence and providing a safe and clean setting for beachgoers. Beyond the shores, the area boasts a lively atmosphere with an array of restaurants, cafes, and bars, creating a perfect blend of relaxation and entertainment. The scenic backdrop of the Akamas Peninsula adds to the allure, offering nature enthusiasts a playground for exploration with hiking trails and unique flora and fauna. Coral Bay has become a sought-after destination for both locals and tourists, appealing to those seeking a tranquil escape with the convenience of modern amenities. Whether basking in the sun, enjoying water sports, or exploring the rich cultural heritage of Paphos, Coral Bay offers a delightful and memorable experience on the enchanting island of Cyprus.

Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.

Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.