1220m² Building for Sale in Famagusta District

Investment Opportunity in Ayia Napa with Title Deeds on the Land

An investment opportunity with possibility of further development.
The property is located right in the heart of Ayia Napa, just a few meters away from all kinds of amenities and nightlife.

The property is comprised of two separate residential buildings and a basement that has been used for many years in the past as an extremely popular nightclub, in the renowned touristic town of Ayia Napa.

The residential buildings have been used throughout the years as residential lettings, with the nightclub currently remaining closed.

The property does require renovation, but with the right investor, this can be a great opportunity for high investment returns, especially considering the number of density built, as well as its highly praised location.

The property comes with title deeds on land.

Information:
BUILDING INFORMATION:
FLOORS: 3 (INCLUDING THE BASEMENT)
8 STUDIOS
3 HOUSES (FL0OR APARTMENTS)
BASEMENT: NIGHT CLUB
BUILT AREA: 1220 SQ.M. (APPROX.)
YEAR BUILT: STARTED FIRST BUILDING 1980 AND SECOND BUILDING 1987
LAND AREA: 843 SQ.M.

Information:
Prime Location
Privileged Location
Ideal for Investment
Touristic Zone
Town Center
Walking Distance to All Amenities
Walking Distance to the Beach
Walking Distance to Bus and Taxi Services
Verandas
Solar Water Heating System
Electric Water Heating System
Easy Access to Main Roads
Easy Access to Highway
Title Deeds on Land