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Well Established Nightclub In Kato Paphos For Sale

Kato Paphos, Paphos District, Cyprus
Asking Price:
€1,700,000 Furniture / Fixtures included
Sales Revenue:
On request
Cash Flow:
On request

Note that the club has not been operating since December 2025 because the owner/manager has other businesses and could not cope. However, operations can start again at short notice.

The price quoted is for the freehold property plus the equipment, furniture, fixtures and all licenses needed to operate the club.

This prime freehold property and Club is a well established night-life venue and brand since 2003 - one of the most glamorous in Cyprus!

It is situated right in the heart of a prime tourist area surrounded by 5 star hotels and holiday apartments. Unlike most clubs, parking is no problem as there is free parking for up to 500 cars in a big parking-lot opposite the Club.

Clients are both permanent residents, locals and foreigners. However, in the Summer season, the Club also benefits from tourist & seasonal business. Finally, the Club is perfect for large private functions and parties, both in winter and in the summer. Special events can be organized throughout the year to attract different types of clients, eg guest dancers, singers, shows, themed nights.

A photo album and links to social media pages is available for seriously interested investors.

The Club property is freehold. The premises were custom-designed and built on two plots (land area 986 sq. meters) resulting in a very attractive, spacious Club which is also easy to operate and maintain. Half of the land plot is dedicated to the indoor/winter part of the Club and the other half operates as the outdoor/summer Club. Capacity of both indoor and outdoor premises is 700 persons each.

The indoor part of the Club has a high ceiling over 10 meters high, balconies all around overlooking the central bar and dance floor, several semi-private seating areas, giant 96-inch LCD screen and four bars. The ground floor also has a large kitchen for snacks and platters. The high balconies surrounding the central atrium create a variety of private and semi-private areas with great views of the main area on the ground floor. Interior decoration theme is black and gold throughout, creating a luxury ambience.

The outdoor Club is surrounded by a 2,5m walls and trees/greenery for privacy, is landscaped, fully furnished and equipped to operate in the summer. It has three bars, outdoor sound system and lighting with special effects, a variety of seating arrangements and retractable fabric canopies. Decoration theme is all white and light blue, creating a Mediterranean ambience.

The basement houses a large storage area and toilets.

It is fully equipped with all equipment & facilities a luxury Club should have, valued at EUR 760 000:

Audio (state-of-the-art Pro Audio system)
Visual (dynamic LED big screen for videos clips & presentations)
Lights (pro lighting & entertainment system)
Climate (fully controlled climate & ventilation system )
Security (CCTV – guard protection and crowd control officers)

Finally, the Club has all necessary licenses and permits required by Town Planning, Cyprus Tourism Organization, Health Department & Fire Regulations:
Disco license club A
Liqueur license
Music license
Operations license
Plenty of Parking

The current owner is willing to assist a buyer for as long as necessary to launch the business again.

Property Information

Real Estate:

Real Property Included

Location:

Paphos

Premises Details:

see main description

Size in square feet:
4600 sq.ft (450 sq.m.)
Planning Consent:

Nightclub License (Class A), Live Music, Alcohol, Business operation licenses

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

1. day operation esp. during summer for tourist groups
2. offering of lunch or dinner in addition to platters and snacks

Competition / Market:

very few (if any) clubs of this size & caliber

Reasons for selling:

Several other businesses, owner/manager is tired working nights

Trading hours:

Allowed until 3:00 am - normally operates evenings in winter season, can operate all day in summer

Employees:
Was operated with 4 F/T and 26 P/T
Years established:
28

Other Information

Support & training:

unlimited support for at least 6 months - longer if needed

Financing available:

Bank financing may be available for about 60% of property market value with mortgage on the property and other conditions as may be required by a Bank

Furniture / Fixtures value:
€750,000 - included in the asking price
Business closed / Asset sale:
Yes