For Sale 3 stars hotel complex with shops in Pafos with extra land

  • €11,750,000

For Sale 3 stars hotel complex with shops in Pafos with extra land

  • €11,750,000

Overview

Property ID: EST-21881
  • Business, Commercial/Industrial, Hotel, Investment
  • Property Type
  • 2209
  • Lot

Description

The hotel is superbly situated in the upper town center of Pano Pafos with panoramic view, is very centrally located for shopping and sightseeing. Its’s charming position makes a wonderful retreat for those who prefer a high, cool and unconstructive place, yet a within few minutes’ walk from the Local Market, District Museum, The New Theatre, The bus station and Public Gardens.

ARCHITECTS APPROVED PLANS & BUILDING PERMITS FOR 2 EXTRA FLOORS

There is a Building permit to build extra 2 floors 44 rooms etc etc

EXTRA LAND

There is also extra land included in the sale on the boundary walls 850m2 with extra building density for building extra Apartments.

Shops

• 13 High street shops owned by the Hotel company facing the main road with separate entrances for each and rented. The hotel has 76 rooms, (including 1 one-bedroom suite) some of which are adjoining. Each room is furnished to the highest possible standards with full air-conditioning and central heating for the winter months ensuite bathroom, shaving sockets, hairdryers, color TV, direct dial telephone and private balcony offering incredible mountain and/or sea views of the local scenery.

Facilities

• Full WIFI Throughout the Hotel

• 24/h reception with a very large Lobby, with panoramic views of the Harbour and Mediterranean sea

• Cocktail Bar, Cafeteria

• Breakfast Restaurant

• Evening Formal Restaurant offering local and international cuisine

• Multipurpose/conference room

• Pool Bar

• Large swimming pool, children’s pool

• Private controlled parking area,

• 2 lifts to all floors.

• Central Computer IBM system all online

Operating Licenses.

• Title deeds in place showing all the Hotel property

• Title deed for extra land in place.

• Final Building completion permit in place both for Hotel and the 13 Shops.

• All other Municipality required Licences in place

• Expansion Building Licence for 2 more floors, and Solarium in place

• Member of the Cyprus Hotel Association

• Existing Building area,  built approximately 4750m2

Address

  • City Pafos
  • Area Pano Pafos

Details

Updated on April 27, 2022 at 12:23 pm
  • Property ID: EST-21881
  • Price: €11,750,000
  • Land Area: 2209
  • Rooms: 76
  • Property Type: Business, Commercial/Industrial, Hotel, Investment
  • Property Status: For Sale
  • Accessibility Road: Asphalt
  • Registered Road: Yes
  • Plots or Land Shape : Rectangle
  • Detached: Yes
  • Covered Area (Sq.m): 4750

Additional details

  • Shops: 13
  • Expansion Building factor: extra 850m2
  • Expansion Building rooms: extra 44 rooms
  • Expansion Building floors: 2 floors
  • Swimming pool : 2

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