Oroklini, Larnaka Restaurant For Sale | 46747

Ref No:
€650.000
  • Status: For Sale
  • Property type: Business
  • Property Subtype: Restaurant
  • Ref. ID: 46747
  • City: Larnaca
  • Area: Voroklini
  • Plot / Land Area: 720 m2
  • Parking type: Covered
  • Parking spaces: 1
  • Airconditions: In all rooms
  • Energy Efficiency Rating: N/A

Features

  • Air Conditioning

Details

Fully licensed pub/restaurant with development potential, ideally located in the heart of Oroklini (Voroklini), one of the Larnaca region’s most established and fast-growing touristic areas. Positioned on a prime main-road corner with excellent visibility, regular footfall, and strong traffic flow, the property benefits from a surrounding mix of residential homes, hotels, and holiday accommodation, ensuring consistent local and tourist demand. The 720 m² plot includes a fully operational and income-producing pub with all licences in place, private rear parking, and strong rental income secured by a lease until June 2027, offering instant returns from day one. An additional one-bedroom unit upstairs is not included in the current rent and can be used or rented separately for extra income. Zoned H2 with 90% density, 50% coverage, two floors and approximately 648 m² buildable area, the site presents significant redevelopment upside, including options for a modern gastro pub, large restaurant with beer garden, mixed-use commercial and residential project, boutique apartments, event venue, or a dual-income scheme combining hospitality and residential units. With limited availability of large commercial plots in the centre of Oroklini, strong tourism growth, a large local and expat population, and excellent long-term capital appreciation prospects, this is a rare high-yield commercial investment opportunity in Cyprus’ expanding hospitality market.