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Restaurant for sale in Protaras, Famagusta

Protaras, Famagusta, Cyprus
Restaurant for sale in Protaras, Famagusta 236 Protaras
169000 €169,000  ($182,132)
Restaurant
Protaras, Famagusta

€169,000  ($182,132)

AEA Address Estate Agents Ltd

AEA Address Estate Agents Ltd

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $6,375

Average Bank Rate (€169,000)
1 USD = 0.8965 EUR
$188,507

Mid-market rate (€169,000)
1 USD = 0.9279 EUR
$182,132

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 991450
  • Title deeds available
  • RENOVATION / INVESTMENT PROJECT
  • Investment opportunity, high rental potential
  • Covered Area: 179m2
  • Balcony: 133m2
  • Ground floor additional storage 37m2
  • Parking for 6 cars
  • Walking distance to beach, bars & restaurants
  • Sea Views

Description

Looking for a unique property investment opportunity in one of the most popular tourist destinations? Look no further than this commercial premises for sale in Protaras with title deeds! Built in 1996, this top-floor commercial building was previously used as a restaurant and is now ready for a complete renovation. With proposed plans to create a stunning 3-bedroom, 3-bathroom apartment spanning 179m2, plus a private 133m2 uncovered balcony boasting breathtaking sea and Profitis Elias views, this property is a blank canvas for your dream project. Located just a short stroll from Protaras main strip and nearby beaches, this property is perfectly positioned for lucrative rental opportunities, and its prime location is sure to attract high demand. With allocated car parking for 6 cars and an additional 37m2 of storage on the ground floor, this property is truly one of a kind. Ideal for creating rental units, a restaurant, bar, or other business, this property is versatile and ready for your imagination. Don't miss out on this exceptional investment opportunity with endless potential! Plus, with a large roof surface with suitable orientation for solar panels, this property offers even more possibilities for a sustainable and eco-friendly business venture. Act fast - title deed available for immediate transfer!

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€246 ($265)
If buying on joint names
€246 ($265)
Transfer fees
If buying as an individual
€3,375 ($3,637)
If buying on joint names
€2,535 ($2,732)

Disclaimer - Property reference 991450. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

We SOLD 2679 properties in Protaras and nearby areas! We know our local area and we can sell your property in record time and for the best price.