Demand on Cyprus real estate is continuously growing. A record number of sales was reported in May.
Sale Hotel in Dhekelia area Larnaca
- Property ID: 217AS
- Status: Sale
- Property type: Commercial
- Total area: 2368 m²
51 Room hotel found 150 m from Palm Beach hotel and 250 m from the Blue Flag beach in Larnaca – Ayia Napa Road in the heart of the Tourist area of Larnaca .
The hotel is currently closed, and needs renovation. The hotel was build and operated prior to the decrease of zoning in area, and thus it carries a great advantage of over 1800m2 of building density that making it exceptionally attractive due to the high number of rooms it can accommodate thus high yield and profitability . The property is for sale on “As is “ basis. If requested, our company can undertake the full renovation of the said property after the sale. Our architects, interiors designer, consultants, will be engaged into converting the hotel into one of the 3 solutions we suggest, or another solution that the new owner will find appropriate. Fees and costs to be discussed and agreed