Hotel Apartments for Sale, Paphos, 230 Rooms ~ EIC123H

Property description:

Location: Paphos, Cyprus
Sale Category: Commercial Freehold Business & Property
Property Type: Hotel Apartments
Hotel Type: Category A’ Tourist Village
Number of Rooms: 230
Plot Size: 29,000m2
Covered Area: 15,000m2
Price: €19,000,000
Criteria for Cyprus Citizenship-by-Investment Program: Yes

Area Info:
The hotel is located directly above a splendid sea view area, just outside the centre of Paphos in Cyprus 20 minute from International airport of Paphos, 15 minute walk to Paphos Harbour.

Hotel Characteristics:

• Large outdoor Pool with sun terrace with sun beds and parasols
• Long indoor pool with Jacuzzi, heated in winter
• one main buffet restaurant, one a la carte restaurant and two bars
• Children activities
• Beach
• Gym & Spa
• Possibility to extend the hotel by 20% more on the existing coverage of the property

Possible Acquisition Schemes:
Conclusion of the contract with the current management company or without contract.