Property For Sale Famagusta,Northern Cyprus

For sale by real estate agent - Famagusta

Property for sale

2 Commercial Properties in Excellent Location, Sakaraya Mahallesi, Famagusta, Cyprus

$1,812,674 | £1,303,915 | €1,500,000
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ForSale SqFt Area 0Baths 0Beds

2 Commercial Properties in Excellent Location, Sakaraya Mahallesi, Famagusta, Cyprus

Euroresales Property iD - 9826291

***Sterling price = £1,300,000***


Sakaraya Mahallesi,




Known for its stunning beaches, glorious climate, low living costs and welcoming culture, Cyprus continues to be one of the best places to be at any time of year. On offer here is the chance to invest into this wonderful part of the world with these superb commercial properties.

Located in Famagusta, the properties measure 455m2 and 854m2, and are perfectly located for a fantastic new commercial or residential project, all that is missing from these sites is someone with the vision and creativity to transform them and unleash their full potential. As well as being located just a short distance from local amenities like shops, bars and restaurants, these sites are in a prime position to explore to many stunning beaches that make this region so mesmerising, there are also many areas of historical interest and significance. All tastes really are catered for in this amazing place.

This property not only offers the owners a comfortable and spacious place to live but also the chance to venture into the lucrative and ever-growing holiday rental market. Thanks to the emergence of direct rental sites such as Airbnb and, the holiday rental market is going through a golden age right now and Cyprus continues to be one of the fastest growing areas across Europe in this context. Famagusta is not only a wonderful area in itself but is also a good base from which to discover the endless other wonders of this famous island such as nearby Ayia Napa, Larnaca and the iconic capital, Nicosia.

Another huge draw for the property is the fact that this area is a hotbed for sport and leisure activities with numerous walking/cycling areas, water sports and fishing areas nearby as well the fantastic championship golf course Korineum Golf & Beach Resort.

The area is also very well-connected transport wise both locally, with excellent roads and public transports services, as well as internationally, with two international airports, Larnaca and Nicosia, both roughly 60km away. This of course provides yet another huge plus point in the context of both the residential commuter market and the holiday rental market.


Cyprus, strike out beyond the sun-soaked stretches of sand to discover an island of compelling culture and landscapes, steeped in myth and riddled with ancient riches.

The landscape and Mediterranean climate mean that outside is where its at - and where you should be. Sun-soaked stretches of sand are Cyprus' calling card and there's a beach for everyone here, from wild and windswept to family-friendly and packed. Every conceivable water sport is on offer, from scuba diving to skimming the surface on a kite- or windsurf board. And if you tire of all that blue, strike out into the interior, where wildflower-studded meadows and valleys of densely planted vineyards sweep up to a pine-clad mountain spine offering hiking, biking and yes, even winter skiing.

The walled city of Famagusta (Gazimagusa) was made for exploration. Winding lanes rimmed with terrace rows of houses suddenly give way to ruined Gothic churches where birds nest between roofless arches and scraps of faded frescos cling to stone walls. From atop the Venetian walls, the shattered shards of these once-grand churches punctuate the skyline of what was Cyprus' most lavish city. Recently over €3 million in funding to preserve the walls and monuments has flooded in under the auspices of the Technical Committee on Cultural Heritage, the EU and the United Nations Development Programme. This spruce up has led to the opening of a clutch of guesthouses, finally allowing travellers a chance to sleep within the walled city itself.

For a superb visual representation of the area, copy and paste the following link to your browser:


Located in a friendly, well-run community.
Both properties are original Turkish Title Deeds.
Spacious properties at 455m2 and 854m2.
Close to essential amenities such as shops, bars and restaurants.
Close to many areas of outstanding natural beauty including many stunning beaches.
Huge potential for an excellent new commercial or residential project.
Huge potential in the fast-growing holiday rental market.
Close to many excellent walking, cycling, water sports and fishing areas.
Close to the excellent golf course Korineum Golf & Beach Resort.
Excellent transport links.
Just 60km from both Larnaca and Nicosia international airports.

Contact Euro Resales Ltd to book an inspection
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