Commercial building in protaras next to the beach
Prime Investment Opportunity in a World-Class Tourist Destination 150 meters walking distance from Fig Tree bay beach.
This is a rare opportunity to acquire an under construction property (in shell condition), in one of the most popular beaches in the World (ranked 3rd worldwide in 2019)
The property offers exceptional flexibility in terms of use, making it ideal for a variety of commercial use such as a restaurant, bar, or club with a rooftop terrace and expansive verandas.
One of the standout features of this property is the breathtaking view from the roof terrace, overlooking the sea. Its location in a highly sought-after tourist area, ensures high foot traffic and strong business potential, whether for hospitality, retail or service-oriented enterprises.
Internal Covered Area: 476 sqm
Covered Verandas: 24 sqm
Uncovered Verandas: 202 sqm
Alternatively, the land can be redeveloped entirely, giving the buyer the freedom to demolish the building and construct a new project from the ground up.
Key zoning and development details include:
- Zone: T1ε5, T3ε5 (2 Zones)
- Plot size: 1.177 sqm
- Building density : 50% , 30%
- Building coverage: 25%, 20%
- Permitted floors: 3, 2
- Maximum height: 13.5 m, 08.30 m
- Road frontage: 70m
It is important to note that this property is exempt from VAT.
With no other plots or properties currently available for sale in this prestigious area, this listing presents a truly unique investment opportunity.
Call us today to arrange a viewing.
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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