Fourteen teams participated in the 1993–94 Cypriot Second Division.
The team with the most points at the end of the season crowned champions.
Olympiakos won both matches and secured their place in the 1994–95 Cypriot First Division.
The 9th-placed team, Doxa Katokopias, faced the 2nd-placed team of the 1993–94 Cypriot Third Division, Achyronas Liopetriou, in a two-legged relegation play-off for one spot in the 1994–95 Cypriot Second Division.
Doxa won both matches and secured their place in the 1994–95 Cypriot Second Division.