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Pay in USD and save up to $18,289Location
• Ideally situated in a prime position within the picturesque Troodos Mountains region.
• Easy access to local amenities, traditional taverns, nature trails, and tourist attractions.
• The area is highly sought after by both local and international visitors, making it an excellent opportunity for hospitality or tourism-related investment.
External Features
• The property consists of a spacious three-storey building positioned in a central and easily accessible location.
• Formerly operating as a hotel, it benefits from a functional layout designed for hospitality use.
• An additional advantage is the exclusive right to the roof area above the ground-floor shops facing the street, as stated on the Title Deed.
The property falls within Planning Zone H1, offering favorable development prospects with a building density of 120%, 70% coverage, allowance for 3 floors, and a maximum building height of 11.4m.
Internal Characteristics
• The ground floor, positioned above street level, comprises a large dining area, cafe/bar, welcoming reception and hall area, kitchen facilities, restrooms, storage room, boiler room, and an internal staircase connecting all floors.
• The first floor includes seven spacious en-suite guest rooms along with a communal lounge/living area, creating a comfortable environment for guests.
• The second floor consists of nine additional en-suite guest rooms, bringing the total accommodation capacity to sixteen en-suite rooms.
• The layout is ideal for hotel operations, guesthouse use, boutique accommodation, wellness retreat, or mixed-use redevelopment.
Advantages & Special Features
• Prime central location in one of the most popular mountain villages of Cyprus
• Walking distance to the village centre and major landmarks
• 16 en-suite rooms offering excellent hospitality potential
• Former hotel property suitable for renovation or repositioning
• Spacious dining and cafe/bar areas
• Separate Title Deed available
• Development potential under H1 planning zone
• Attractive investment opportunity for tourism, boutique hotel, retreat center, or mixed-use project
• Located in a year-round destination popular for nature tourism and mountain escapes
• Energy Efficiency Category: D
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.
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