Presenting a premier investment opportunity in the peaceful Deryneia area, part of the dynamic Paralimni district: a magnificent 1,950 square meter property now available for long-term lease. Strategically located in a quiet and accessible area, this exceptional building is an ideal asset for an investor or operator looking to establish a high-yield hospitality business that benefits from the area’s thriving tourism. Unmatched Scale and Versatility: This property’s core value lies in its sheer size and flexible layout. With two floors of 650 square meters each and a massive 650 square meter basement, it provides an incredible amount of space for a variety of commercial ventures. The additional 650 square meter rooftop offers a blank canvas for development, with a covered area perfect for a bar, restaurant, or rooftop garden, providing a significant potential for additional revenue streams. Turnkey Hospitality Solution: The property is configured with 22 distinct rooms and a well-defined floor plan, including a professional reception area, multiple lounges, and various dining spaces. This existing infrastructure makes it a turnkey solution for a guesthouse or small hotel, allowing a new operator to begin generating income almost immediately. Alternatively, the layout is highly adaptable for a wellness center, a corporate retreat, or a large-scale student housing facility. Prime Location and Market Potential: Deryneia’s proximity to the popular tourist centers of Paralimni, Protaras, and Ayia Napa ensures a strong, consistent demand for accommodation. A professional operator can tap into this market, promising a strong return on investment. The property’s existing amenities and stunning panoramic views from the rooftop will be key selling points for future clients. This is more than a rental; it is a strategic business opportunity. Take advantage of a ready-to-operate commercial space with the potential to maximize your returns in one of Cyprus’s most dynamic real estate markets. To schedule a viewing and discuss this unique investment, please contact us.
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