Hotel Apartments for Sale, 16 Rooms ~ EIC158H

Property price:
€3,500,000
Property details:
  • Ref. number: EIC158H
  • Bathrooms: 0
  • Bedrooms: 0
  • Covered area: 1518 m2
  • Plot size: 1419 m2
Presented by:
Exclusive Investments Cyprus a part of Sunseakers Real Estate Ltd
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Property description:

Location: Paphos, Cyprus
Sale Category: Commercial Freehold Business & Property
Property Type: Hotel Apartments
Number of Rooms: 16
Plot Size: 1,419m2
Covered Area: 1,518m2
Price: €3,500,000
Criteria for Cyprus Citizenship-by-Investment Program: Yes

Area Information:

The hotel is located in the heart of Kato Paphos, within easy walking distance from all amenities. 150 meters away from the nearest sandy beach and only 800 meters away from the picturesque harbour and the UNESCO archaeological site. The property is well connected with public transport and it is within 25 min from Paphos Airport.

Property Information:

Property was build 1980 its fully licensed by the Cyprus Tourism Organization to operate as Hotel Apartments category B.  The hotel was closed in 2010 due to owners retirement. Recently the owners have received new licence Category Lux convert it into All Suite Boutique Hotel. The new architectual plans for renovation consist of 16 suites, breakfast area, restaurant and coffee shop, exhibition hall, gym and wellness  centre, games area, terrace and swimming pool. First and second floor will accommodate 8 suites, There is also the potential of using roof.

Hotel Characteristics:

  • Needs in Renovation
  • All licenses obtained for renovation and extension
  • Close to the harbour and beach
  • Excellent location
Property location:
Property price:
€3,500,000
Property details:
  • Ref. number: EIC158H
  • Bathrooms: 0
  • Bedrooms: 0
  • Covered area: 1518 m2
  • Plot size: 1419 m2
Presented by:
Exclusive Investments Cyprus a part of Sunseakers Real Estate Ltd
Send message