6600m² Building for Sale in Famagusta - Agia Napa

Discover an exceptional investment opportunity in the thriving commercial real estate market—a premium hotel property centrally located in the vibrant area of Ayia Napa, complete with approved planning permissions for redevelopment and expansion.
Investment Opportunity Highlights

Prime Location: Centrally located in Ayia Napa, within walking distance of beaches, cafes, supermarkets, and other amenities.
Approved Redevelopment Plans: Includes planning permissions for a modern 3-star hotel upgrade with enhanced facilities.

Current Property Details

Plot Size: 6,850 sqm with approximately 6,600 sqm covered areas.
93 fully operational hotel apartments: 48 studios, 37 one-bedroom apartments, 8 two-bedroom apartments.
Bar and restaurant
Outdoor pool
Tennis court
Mini market
50 parking spaces.

Construction History:

Phase 1: Completed in 1978
Phase 2: Completed in 1991

Redevelopment Plans (Included with Sale)
Proposed Project:

New 3-star hotel with 167 total rooms.
Total covered area: 13,800 sqm.

Expanded Amenities:

Food and beverage facilities
Indoor and outdoor pools
Wellness and spa center
Gym facilities
Ballroom for weddings and events
Mini market
70 parking spaces