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!