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Hotel
Limassol Municipality, Limassol

€9,000,000  ($10,281,167)

REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/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 $359,841

Average Bank Rate (€9,000,000)
1 USD = 0.8458 EUR
$10,641,008

Mid-market rate (€9,000,000)
1 USD = 0.8754 EUR
$10,281,167

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: 1503054 (480031017_1192)
  • Total covered area: 1500 sqm
  • Plot: 600 sqm
  • City Center, Near Shops, Air Conditioning, Sea View, Swimming Pool

Description

This fully licensed, charming 3-star hotel, located next to the sea, offers a fantastic opportunity for investors. The property features a total covered area of 1,900m² providing ample space and facilities for guests.

Property Highlights:
- Total Area: 1,500m² covered areas plus 400m² basement.
- Accommodation: 33 apartments, all fully equipped with modern amenities.
- All Licenses are in place for the 3 star Hotel Category.

Facilities:

- Ground Floor: Includes a welcoming reception area, a spacious lobby, a separate lounge area with a bar, and a breakfast room.
- Pool: A 45m² pool for guests to enjoy.
- Views: Each room features a beautiful side sea view and a private balcony.
- Additional Potential: Opportunity to create an amazing roof bar on the top floor, enhancing the guest experience and increasing revenue potential.

This hotel is ideal for those looking to invest in a property with established guest facilities and room for future enhancements. With its prime location near the sea and well-maintained amenities, it promises a rewarding venture in the hospitality industry.

For more details or to arrange a viewing, please contact us.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€356,600 ($407,363)
If buying on joint names
€353,200 ($403,479)

Disclaimer - Property reference 1503054. 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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