Skip to main content
Building
Katholiki, Limassol

€4,700,000  ($5,365,358)

M.Residence

M.Residence

Registered & Licensed Real Estate Agent A.M. 791 A.A 363/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $187,788

Average Bank Rate (€4,700,000)
1 USD = 0.8464 EUR
$5,553,146

Mid-market rate (€4,700,000)
1 USD = 0.8760 EUR
$5,365,358

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: 8565649 (12395)
  • Total covered area: 813 sqm
  • Plot: 1006 sqm
  • Air Condition : 1
  • Elevator : 1
  • En Suite Shower : 1
  • Fitted Kitchen : 1
  • Garden : 1
  • Parking Uncovered : 1
  • Pressurised Water System : 1
  • Solar Water Heaters : 1
  • Split Units : 1
  • Storage Room : 1
  • Utility Room : 1

Description

An established hospitality asset offering scale, functionality, and strong repositioning potential. Originally built in 1965 and fully refurbished in 2005, the property extends to approximately 813 m² of enclosed areas, complemented by 128 m² of ancillary spaces and additional uncovered areas, allowing flexibility for operational use and guest amenities. Arranged over five floors, the building comprises 28 en-suite bedrooms and 4 extra bedrooms with no bathroom. The layout and size support consistent tourist accommodation, while the existing structure provides a solid base for refurbishment, upgrade, or brand repositioning. The property is in good overall condition and benefits from ground floor access, enhancing day-to-day operations. This is a compelling opportunity for investors seeking a value-add hospitality asset with clear potential to enhance performance through strategic upgrades or repositioning.

For privacy reasons, the advertiser has not indicated the exact address.
Open map  

Disclaimer - Property reference 8565649. 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.

894 properties SOLD in Katholiki and nearby areas! Get in touch with local agents who can sell your property fast at the best price!