DOM Invest

Business in Larnaca / Pyla №116072

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Additional:

Parking
Furniture
Staff room
Air conditioning
Appliances
Storage room

Description:

An exceptional restaurant with stunning sea views on Dhekelia Road, located on the ground floor of a two-story building, is now available for sale. This property presents a rare opportunity for investors to enter the vibrant Larnaca hospitality market, positioned in one of the city’s most promising areas with various mega-projects underway, which are expected to boost property value and area popularity. Location: Prime positioning on Dhekelia Road, within walking distance to the beach. Facilities: Spacious guest lounge, fully equipped kitchen, and large terrace with panoramic sea views. Mezzanine with bathrooms and storage rooms. Capacity: 80 indoor seats and 80 outdoor seats on the terrace, with 10 dedicated parking spaces for guests. Amenities: Features a designated wine room, and the property includes a title deed. Sea View & Parkfront: The restaurant boasts an unobstructed sea view with a park in front, ensuring views remain permanent. Current Use: The property is currently rented out to maintain the building in good working condition. Business Potential: Currently operating with a full license and a steady customer base, this restaurant offers an attractive proposition for growth. With a strategic business plan and targeted renovations, this property can become the most popular and profitable dining destination along the Larnaca seafront. For more information or an investment consultation, please contact us.

Object

№116072

Type:

Commercial

City:

District:

Total area:

600 m²

Land area:

1,200 m²

Floors:

2

Construction year:

01/1992

Distance to sea:

260 m

Energy class:

C

Payback:

30

ROI:

3.2%

€550,000

€917 / m²

DOM Real Estate

DOM Real Estate

+35724022445