A Class A Hotel Apartments business for sale in an enviable location in Protaras Id: 3959

Type: Commercial Building

This property is located in an enviable position just 100 meters from the beautiful sandy beach and within walking distance of restaurants, bars, supermarkets, convenience stores, bus stops, and basically every amenity. The complex features 99 rooms (consisting of bathroom with private facilities, kitchenette, TV, fridge, kettle, toaster, coffee machine, telephone, radio, safety deposit box and balcony or terrace), reception/lounge area, a large double Outdoor Pool and a Children's Splash Pool, Pool Bar, Restaurants, a sandy volleyball court, games area with pool table, air hockey table, TV lounge, WiFi internet access and video games, a playground and games for children, extensive gardens, parking and much more. Furniture, fixtures and inventory, stock included. The owners’ devotion to constantly upgrading their service has enabled them to build a loyal following of repeat guests something to be seriously considered by the prospective investor.
Additional Info:
Capacity: 99 rooms (55 one bedroom apartments and 44 studios).
Category: 'Class-A' Hotel Apartments (Cyprus Tourist Organization).
Reason for selling: Retirement of the owner (late age).
Operating: 24/7 during opening season

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Sale Price: €8700000