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Pyla, Larnaca, Cyprus

Mixed-Use Property with Restaurant and Apartments in Pyla, Larnaca

€800,000

€1,600/m²

Great value57% below the typical price per m² for apartments in Pyla
3
Bedrooms
5
Bathrooms
500 m²
Interior
1,000 m²
Plot
Apartment
Type
7 Jul 2026
Listed

The Habio take

AI summary

Discover an exceptional investment with La Veranda, featuring three furnished apartments and a fully operational restaurant in Pyla, Larnaca. Located on Dhekelia Road, this property benefits from a prime spot in a thriving tourist hub, opposite the Golden Bay Beach Hotel.

  • investment
  • beach
  • coastal
  • walkable
  • family

Highlights

  • Mixed-use property with restaurant and three apartments
  • Prime location on Dhekelia Road, opposite a 5-star hotel
  • Fully furnished, ready for immediate operation and rentals
  • Separate entrances for residential units ensure management ease
  • Low communal fees due to no pool facility

Worth knowing

  • No private or communal swimming pool on site

Good fit for: Ideal for investors looking for a profitable mix of commercial and residential income.

Lifestyle scores

Beach
80
Walkable
75
Remote work
70
Family
65
Retirement
70
Airport access
80
Investment
85
Luxury
75
Value
70

About this place

La Veranda presents a unique opportunity to acquire a mixed-use property in the sought-after tourist area of Pyla, Larnaca. This two-storey building is set on a 1,000 square metre plot and comprises a ground-floor restaurant and three independent residential apartments above, making it an attractive option for investors and lifestyle entrepreneurs alike.

The ground floor is dedicated to a fully equipped restaurant, featuring all necessary facilities for immediate operation. This commercial space offers the potential for direct operational revenue or a lease income without delay, especially in this high-visibility location. The restaurant is complemented by public toilets and a welcoming dining area, ensuring a turn-key operation for the new owner.

Above the commercial space, three fully furnished one-bedroom apartments provide comfortable, self-contained living. Each apartment includes a private bathroom, kitchen, living area, and a balcony, ideal for enjoying the pleasant Cypriot climate. As these apartments are ready for immediate rental, they present a compelling investment opportunity for both short-term and long-term leasing.

Occupying a strategic position on Dhekelia Road, La Veranda is opposite the prestigious Golden Bay Beach Hotel, surrounded by luxury villas and entertaining amenities. Its proximity to Larnaca's city centre and international airport, combined with the built-in customer base from nearby hotels, makes this property a prime investment asset in the growing Cypriot market.

What this place offers

  • furnished
  • restaurant
  • balcony
  • parking

Getting around

  • Nearest beach · Ellinas

    ~2 min drive · 0.8 km

    Excellent water quality
  • Larnaca (LCA)

    ~20 min drive · 24 km

  • Ercan (ECN)

    ~49 min drive · 35 km

Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.

Where you’ll be

Pyla, Larnaca, Cyprus

Nearest airport
Larnaca (LCA)
13 km
Also close
Tymbou (Kirklar) (ECN)
26 km
Nearest city
Nicosia
36 km

Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.

CY

Buying property in Cyprus

Full guide →

The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.

  • Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.

  • Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.

  • Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio

Always check the latest legal requirements and fees.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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