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Hotel for sale in Pernera, Famagusta

Pernera, Famagusta, Cyprus
Hotel for sale in Pernera, Famagusta 130 Pernera
Offers in the region of
9000000 €9,000,000  ($9,625,946)
Hotel
Pernera, Famagusta
Offers in the region of

€9,000,000  ($9,625,946)

AEA Address Estate Agents Ltd

AEA Address Estate Agents Ltd

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $336,908

Average Bank Rate (€9,000,000)
1 USD = 0.9034 EUR
$9,962,855

Mid-market rate (€9,000,000)
1 USD = 0.9350 EUR
$9,625,946

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1171777 (42272)
  • Building permit available
  • Title deeds available
  • Year Build: 1993
  • Covered verandas: 930m2

Description

The asset relates to a hotel of 86 rooms and three blocks of apartment of 46 apartments in Pernera, Famagusta. The asset is adjacent to Pernera Avenue and c. 300m southwest of the nearest beach. The investment comprises the hotel's main building which consists of a lower floor at pool level with a restaurant, dining area, gym, kitchen, toilets, sauna, changing rooms, storage rooms, and staff areas. The ground floor consists of a reception area, storage areas, offices, shops, and a bar. The three upper floors consist of 86 hotel rooms. The total internal area of the hotel is 5.822 sqm.

The three blocks of apartments consist of 46 apartments (38 one-bedroom and 8 studio apartments) on three blocks.
Block 1 consists of a reception, lobby area, and restaurant on the ground floor and 7 apartments on the 1st and 2nd floors.
Block 2 comprises 17 apartments.
Block 3 comprises of 22 apartments.

The total internal area of the hotel apartments is 2.993 m2 and the covered verandas: are 930 m2.
There is also a separate building of 120sqm used as offices and storage space.

Externally there are spacious landscaped gardens, swimming pools, a tennis court, a basketball court, and parking spaces. The surrounding area of the property comprises numerous touristic developments that offer all amenities. It enjoys easy access to all areas of Protaras.

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€17,908 ($19,153)
If buying on joint names
€17,908 ($19,153)
Transfer fees
If buying as an individual
€356,600 ($381,401)
If buying on joint names
€353,200 ($377,765)

Disclaimer - Property reference 1171777. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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