For Sale
960,000€
Development potential
Residential
Commercial

Residential & Commercial Property with Development Potential in Tseri

Key Features

ID: 43765
  • 3,429sqm
  • CategoryLand
  • TypeField
  • AreaTseri, Nicosia
  • Price per sqm280€
  • Road accessPublic road
  • Title deedYes
  • ZoningResidential
  • Area3,429sqm

Additional Features

  • Aircondition, Split system
  • Pool, Private
  • Easy access to highway
  • Easy access to main roads
  • Entrance gate
  • Excellent condition
  • Kitchen
  • Municipal water/sewage
  • Near amenities
  • Near bus route
  • Pool bar
  • Restaurant
  • Veranda

Description

For Sale – Unique Residential & Commercial Property with Development Potential in Tseri

A rare opportunity to acquire a versatile property on a generous 3,429 m² plot in Tseri, offering a combination of residential accommodation, fully equipped restaurant facilities, a swimming pool and extensive outdoor space.

Previously operated as an established event venue, the property offers excellent potential for a new owner to reinstate its former use or explore a range of alternative development and business opportunities, subject to the necessary planning permissions and approvals.

Property Details:
•Plot size: 3,429 m²
•Two independent 3-bedroom upper-floor residences, each approximately 150 m² of internal covered area, plus 20 m² of covered verandas.

•Ground-floor restaurant: Approximately 600 m², fully functional and equipped for operation.
•Swimming pool: Approximately 80 m².
•Extensive landscaped garden and outdoor reception areas, previously used to host events and private functions.

Potential Uses & Opportunities:

The property's existing layout, generous land area and combination of residential and commercial facilities offer considerable flexibility. Potential options include:
•Reinstating the property as an event and reception venue for weddings, celebrations and private functions.
•Continuing or expanding its use as a restaurant and hospitality business.
•Converting the existing facilities into a boutique hotel or guest accommodation.
•Exploring residential redevelopment, including houses or apartment units.
•Creating a mixed-use development combining residential accommodation with commercial or leisure facilities.

A Property with Multiple Possibilities

Whether acquired as an operating hospitality venue, a residential investment or a redevelopment opportunity, this is a property with significant potential in Tseri. Its existing infrastructure and extensive outdoor areas provide a strong starting point for a variety of concepts.

An ideal opportunity for investors, developers or entrepreneurs looking for a property that offers more than one direction for future use.

Contact Cyprus properties today to arrange a viewing!

Allowances

ZoneKa8
Build factor60%
Cover factor35%
Max height10m
Max floors2
Thank you for your message!

Mortgage Calculator

  • Mortgage ratio
  • Mortgage amount
  • Total interest payable
  • Total amount to be paid
Newsletter
Thank you for your submission!
×