For Sale

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

, Paphos

Ref: 1302

€11,750,000

Hotel Type: - | Total Area: -

Pending

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 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, childrens pool
Private controlled parking area,
2 lifts to all floors.
Central Computer IBM system all online

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

Property Features

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