Skip to content
Buy
Property for sale New homes for sale Property valuation Agent valuation Investors Mortgages
Rent
Property to rent Student property to rent
House Prices
Sold house prices Property valuation Agent valuation Instant online valuation
Mortgages
Get started Get a Mortgage in Principle Check your affordability Remortgage Calculator Mortgage guides
Find Agent
Find estate agent
Commercial
Commercial property to rent Commercial property for sale Advertise commercial property
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Mortgage guides Overseas blog Country guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell overseas property
COMMERCIAL

Famagusta, Famagusta, north of Cyprus

£595,000
Busy Bees Estate Agents, Bogaz
PROPERTY TYPE

Shop

BEDROOMS

9

BATHROOMS

9

SIZE

770 sq ft

72 sq m

Key features

  • Turkish Title Deeds
  • In city

Description

Reference No: PW0211

BusyBees Estate Agency is delighted to present this outstanding freehold mixed-use building, offering an exceptional investment opportunity in one of Famagusta's most sought-after locations.

Constructed with a contemporary architectural design and finished to a high standard, this impressive building comprises a substantial ground-floor commercial unit together with three spacious three-bedroom residential apartments, all held under highly desirable Turkish Title Deeds.

Whether you are an experienced investor looking to expand your portfolio, a business owner wishing to operate from your own premises, or someone seeking a property that offers both commercial and residential income, this versatile building presents an outstanding opportunity.

The Property

The building has been thoughtfully designed to maximise both functionality and visual modern façade, clean architectural lines and quality construction immediately create a professional and prestigious first impression with Large underground Park ng and lots of storage

The spacious ground-floor commercial premises benefits from excellent street presence with large floor-to-ceiling display windows, allowing for maximum natural light and outstanding visibility for any flexible open-plan layout makes it suitable for a wide range of commercial uses including:

* Retail showroom

* Estate agency

* Corporate offices

* Medical or dental clinic

* Beauty or wellness centre

* Financial services

* Professional consultancy

* Boutique retail

* Educational centre

* Hospitality or café (subject to permissions)

The commercial premises enjoys independent access and excellent frontage, ensuring maximum exposure to passing traffic.

Residential Accommodation

Positioned above the commercial premises are three generously proportioned three-bedroom apartments, each offering bright, spacious accommodation designed for comfortable modern living.

Each apartment has been carefully planned to provide practical family living with excellent natural light throughout.


The apartments are ideal for:

* Long-term residential rental

* Executive accommodation

* Staff housing

* Family occupation

Holiday rental (subject to local regulations)

With strong rental demand in Famagusta, the residential units offer excellent potential for consistent income and long-term capital appreciation.

Investment Opportunity

Properties combining both commercial and residential accommodation rarely become available with Turkish Title Deeds, making this a particularly attractive acquisition.

The building offers investors the opportunity to diversify rental income by generating returns from both commercial and residential tenants, reducing vacancy risk while maximising overall yield.

For owner-occupiers, the opportunity to operate a business from the ground floor whilst benefiting from rental income from the apartments above creates an exceptionally attractive investment proposition.





Rental Potential:




Shop Long term: 1000 pounds per month

Flats x 3 Long term: 600 pounds per month Each



TURKISH TITLE DEEDS
Three spacious three-bedroom apartment
Suitable for numerous commercial uses
Three spacious three-bedroom apartments
Located within the city center
* Large underground parking area

* Few minutes' walk to famous City mall

* 5-10 minutes' drive to famous sandy beaches

* 35 minutes' drive to Ercan Airport

* 70 minutes' drive to Larnaka Airport

Famagusta, Famagusta, north of Cyprus

Approximate location
Open map

NEAREST AIRPORTS

Distances are straight line measurements
  • Ercan(Local)
    24.5 miles

About Busy Bees Estate Agents, Bogaz

Ataturk Caddesi, No.1 Soner T.Guder Apt. Bogaz Iskele, North Cyprus, Mersin 10 Turkey

Many estate agents engaged in property sales in North Cyprus are based in the Kyrenia region, on the north coast of the island. This is partly because property developers were quick to realise the potential for Mediterranean style villas and apartments in that part of North Cyprus which had been popular with Europeans, in particular the British, for a long time. North Cyprus property sales were boosted by a demand for holiday apartments and villas in North Cyprus where seaside property with sea views was, and still is, a realistic possibility. The estate agents in North Cyprus are able to offer a valuable service to those seeking advice on buying property in North Cyprus but engaging a good local solicitor is always highly recommended when negotiations are under way.

Busy Bees Estate Agents is a fairly young company based on the edge of the Karpaz Peninsula in the picturesque fishing village of Bogaz. This location was chosen because it is on the south facing coast of North Cyprus between the Karpaz Peninsula and the town of Famagusta. This area is seen by many property developers as a prime area for investments in property and some attractive off plan deals can be passed on to our clients. The growing popularity of this wonderful part of the island of Cyprus is reflected in the multi-million pound development at Bafra; plus a planned new marina. Both are likely to enhance the value of any investment in property in this area.

We have staff fluent in Turkish and English who live in the locality and have excellent business relationships with the local professionals such as architects, North Cyprus solicitors, property developers and builders. Busy Bees are pleased to offer advice to those considering buying property in North Cyprus and can obtain answers to many questions through this network of contacts and associates. Advice and help is also available to those interested in land for sale in North Cyprus where buying a plot of land on which to build is quite an attractive option. See our page on “Buy and Build”.

The Karpaz Peninsula is an area protected from over development due to its status as effectively a nature reserve. Some permission has been granted for selective building of property on the Karpaz Peninsular and Busy Bees have the local knowledge and contacts to be in a position to help clients wishing to purchase in this delightful part of the island. We have a large portfolio of North Cyprus villas, bungalows and apartments, including some superb penthouse apartments, to offer our buying clients and we offer a friendly, professional service to our clients wishing to sell. Please visit our North Cyprus Property Centre and use our “information request” form for further information on any of our villas, apartments, penthouses or land for sale in North Cyprus.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Busy Bees Estate Agents, Bogaz (reference pw0211) 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.

Email agent

Email agent