Investment Building in a Tourist Area with Sea Views – Protaras, Cyprus

An excellent investment opportunity in a prime location on Protaras–Cavo Greco Avenue, close to the well-known Cavo Maris Beach Hotel and the beautiful beaches of the area.

The property is situated on a 609 sq.m. plot within a tourist zone and consists of two 2-bedroom apartments on the upper floor, both enjoying sea views, and two commercial shops on the ground floor.

The ground-floor shops offer the potential to be converted into 3 studio apartments or 2 two-bedroom apartments, subject to the necessary planning permissions and approvals.

One of the property's key advantages is the government-owned land and green area located directly in front of the building, providing unobstructed sea views from the upper-floor apartments. This attractive setting significantly enhances the property's appeal and investment value.

The building has one title deed covering the entire property and offers excellent investment potential, with the possibility of creating up to 5 independent units.

Its prime tourist location, proximity to the sea, beautiful views, and potential for further development make this property an ideal choice for investors seeking rental income through holiday lets or long-term rentals in one of Cyprus's most popular coastal destinations.