Mixed-Use Building for Sale in Protaras

This mixed-use property is ideally situated in the vibrant tourist area of Protaras, within the Municipality of Paralimni, Famagusta. Positioned just 250 meters from the famous Fig Tree Bay and directly adjacent to Protaras–Kavo Gkreko Avenue, the building enjoys exceptional visibility and foot traffic. Its prime location provides immediate access to supermarkets, cafés, shops, beaches, and a wide range of services, making it an excellent investment choice.

The property consists of a ground-floor commercial space and a first-floor apartment, both part of a well-established complex of six blocks. The units are being sold together as one property, as separate offers are not accepted.

The ground-floor shop offers a generous internal area of 206 m² and features a mix of covered and uncovered dining spaces, a fully equipped bar, a kitchen, storage rooms, and customer/visitor toilets. Externally, it includes a storage room and a pergola-covered seating area. The covered verandas total 81 m², while the uncovered verandas extend to 422 m², creating an extensive outdoor space ideal for business use.

The first-floor apartment includes 142 m² of interior living space and features a kitchen, living room, three bedrooms, and two bathrooms, along with 44 m² of uncovered verandas. This layout makes the upper residence suitable for owner use, staff accommodation, or rental income, adding valuable flexibility to the property.

A rare opportunity to acquire a substantial mixed-use investment in one of Protaras’ most desirable tourist zones — offering both commercial potential and residential convenience in a high-demand coastal location.

PROTARAS

Protaras is a popular coastal resort town located on the southeastern Cyprus, known for its stunning beaches, crystal-clear waters and relaxed atmosphere. It is a part of the Famagusta District and is always considered one of the best destinations for family vacations and beach holidays in Cyprus.  While quieter than its neighbour Ayia Napa, Protaras offers a range of restaurants, bars, and cafes. Evening entertainment often includes live music, cultural performances and family-friendly activities. Visitors can enjoy traditional Cypriot cuisine, fresh seafood and international dishes. This town is a hub for water sports, including snorkelling, scuba diving, jet skiing and parasailing. The clear waters make it an excellent location for underwater exploration.