Shop for Sale in Ayia Napa

This commercial property presents a rare investment opportunity in the bustling heart of Agia Napa, just 450 meters from the lively Nissi Avenue. Located on the prominent corner of Katalymaton Street, the unit enjoys exceptional visibility and access within a well-known complex comprising 49 units. Its high-exposure position on the northern section of the development, with approximately 14 meters of street frontage and road access from three sides, significantly enhances its commercial appeal and foot traffic.

The unit offers a total enclosed area of 148 m² , featuring a practical rectangular layout. It is legally licensed for restaurant use and holds a valid health certificate. The ground floor accommodates a spacious dining area, bar, a fully equipped kitchen, AMEA-compliant and guest restrooms, as well as a storage room. A legally constructed mezzanine, accessible internally, adds further utility with a staff toilet and additional storage space.

Constructed in 1985, the property has been well maintained and is currently leased until 31 March 2032, generating a steady income with a 2.5% yield. A ¾ share (approximately 75%) of the unit is now available for purchase and a finalized horizontal division of the complex ensures clarity of ownership and structure. The property comes with a separate title deed, further reinforcing the security of the investment.

Situated within planning Zone Eβ8, the unit benefits from a building coefficient of 80%, coverage of 45% and a maximum of two floors (10 meters in height), allowing for future development flexibility if desired.

Combining a strong location, existing rental income, legal readiness and tourism-driven demand, this asset is ideal for investors looking to expand into the Agia Napa hospitality market with confidence.

*Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.

AYIA NAPA

Ayia Napa is a vibrant coastal town on the southeastern coast of Cyprus, known for its lively nightlife, stunning beaches and rich cultural heritage. It has grown from a small fishing village into one of the island’s most popular tourist destinations, attracting a diverse crowd ranging from partygoers to families and nature lovers. Ayia Napa boasts some of the best beaches in Cyprus, including the world-famous Nissi beach with shallow turquoise waters and a lively atmosphere. This town is renowned for its energetic nightlife with numerous nightclubs, bars and beach parties, making it a hotspot for young travellers. Ayia Napa has one of the largest waterparks in Europe called Water World Themed Waterpark featuring rides and attractions inspired by Greek mythology.