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Cypriot Passport Acquisition and Permanent Residence Permit
Repossession Property Yield Properties

Latest news

  • 22 May 2018 Limit on citizenship scheme announced

    The Council of Ministers has decided to restrict the number of citizenships... read more

  • 3 May 2018 Oil Tank demolition in progress Irini Gardens Newzoe Developers Ltd

    The first oil tank on the old Larnaca-Dhekelia road was demolished on... read more

  • 2 May 2018 Новые строительные проекты на Кипре

    Новые строительные проекты на Кипре read more

  • 26 April 2018 The Russian returns to invest in Phinikoudes

    Viable prospect of erecting a multi-storey hotel by the Russian mogul... read more

  • 19 April 2018 VAT break for young couples buying land for first home

    Young couples buying land for their first home in Cyprus may only pay 5 per... read more

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

Main information

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

 

#palourtisrealestate #larnacaproperties

Id: 3959
Region: Famagusta
Location: Protaras

Details

  • Year built: 1984
  • Plot size: 11,582 m2
  • Title deeds

Price

Sale price: €8,700,000