Commercial Property With 2 Studio Apartments In Famagusta

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For Sale Complete Building - Mağusa Merkez, Famagusta, North Cyprus

· Exchange title deed

· Commercial shop + 2 studios on one title deed

· Located in Famagusta

· Nearest sandy beach approx. 10 minutes’ drive

· Located in the university Eastern Mediterranean University

· Touristic features close by

· 40 mins drive to Ercan airport

· Approx 1-hour drive from Larnaca airport

An exceptional investment opportunity in a highly sought-after and bustling location, offering a good size shop with two self-contained studio apartments, all included on one title deed.

Perfectly positioned to benefit from high levels of footfall and year-round activity, this versatile property presents multiple income streams for investors or an ideal turnkey opportunity for entrepreneurs looking to establish their own hospitality business while enjoying on-site accommodation. The spacious restaurant/café premises offer excellent visibility and ample potential to attract both local residents and visitors alike, while the two studio apartments provide valuable rental income or comfortable accommodation for owners and staff.


Whether you are seeking a profitable buy-to-let investment, a mixed-use commercial venture, or a ready-to-move-into business opportunity, this unique property combines commercial potential with residential convenience in one attractive package. With its prime location, income-generating possibilities, and flexible usage options, this is a rare opportunity not to be missed.

Rental Potential for studio apartments

Approx £400 - £450 per month.


Rental Potential for café

Approx £600- £700 per month.

The commercial property: 6.7m x 8.1m (21.98ft x 26.57ft)

This commercial space is currently operating as a cafe, but will be sold with no equipment or furniture leaving a blank canvas for the buyer. This presents a great opportunity for investors or entrepreneurs. The property is being sold as-is, with no equipment or furniture included, allowing the new owner to customize the space to his or her vision. Located in a prime area of the university with high visibility and foot traffic, this versatile space is ideal for a variety of business ventures. Whether you're looking to continue the cafe operation or repurpose the location for a different concept, this property offers a fantastic foundation for your next business endeavour.

The commercial properties W.C room’s 1.7m x 3m (5.57ft x 3.28ft) and 1.6m x 1.2m (5.24ft x 3.93ft) Two operating W.C’s for the customers.

The studio apartment’s: 7.5m x 3m (24.60ft x 9.84ft) Both studios are identical

These spacious living areas features a fully furnished modern kitchen with a sleek breakfast bar, perfect for casual dining and socializing. The open-plan design includes a cozy seating area with a beige sofa facing a small TV, complemented by a well-organized white shelving unit. Large windows allow plenty of natural light to fill the space, creating a bright and inviting atmosphere. The overall decor is contemporary and functional, making it an ideal home for comfort and convenience.

The bathroom 1.4m x 3m (4.59ft x 9.84ft)

This is a compact bathroom featuring a white toilet, a small sink, and a shower with a glass door. The space is modern with neutral-colored tiles and minimalistic fixtures, making it functional and easy to maintain.

Local amenities and attractions, travelling times.

Nearest large supermarket - 5-minute walk

Chemist & Clinic - 5-minute walk

Iskele – 20 minutes’ drive

Long Beach Area - 20 minutes’ drive

Salamis Ruins and St Barnabas abbey – 15 minutes

Karpaz gate marina – 70 minutes’ drive

Karpaz Peninsular – 90 minutes’ drive

Ercan airport – 55 minutes’ drive

Larnaca airport – 1 hr 20 minutes’ drive