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Repossession Property Yield Properties

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Cypriot Passport Acquisition and Permanent Residence Permit
Repossession Property Yield Properties

Latest news

  • 27 December 2017 Приобретение земли и собственности на Кипре: что нужно знать

    – Недвижимость, приобретаемую на Кипре,... read more

  • 27 December 2017 На Кипре построят новые высотные здания

    На Кипре построят новые высотные здания read more

  • 12 December 2017 November property sales up 39 percent

    Property sales in Cyprus rose 39 per cent in November compared with November... read more

  • 6 November 2017 Parliament approves bill on building land

    The new bill imposing VAT on building land has been approved by parliament... read more

  • 13 October 2017 What is the VAT settlement on plots Applies from 2018

    19% VAT is limited to the purchase and sale of undeveloped land that will be... 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