Hotel 2 578 m² in Pedoulas, Cyprus

The hotel is set in a secluded, lush and tranquil pine forest 3 km from Prodromos and Pedhoulas at an altitude of 1300m above sea level and 10 minutes from the Mount Olympus ski slopes. Formerly the hotel operated as a three-star hotel. Plot area: 5839 sq.m. Main building (2,454m2)    50 guest bedrooms, Lounge, Bar, Card Room, TV room, Restaurant, Kitchen, Gym, Storage areas, plant room.  Ancillary Buildings (124m2)   An electricity sub-station   Grounds and gardens  Orchard, gardens, terrace, pool area   Possible Uses Boutique hotel   Spa resort   Rehabilitation centre   Apartment units   Single accommodation unit  Road Access:  Main road to the driveway  Electricity supply:  Phase / standby generator recommended for emergency use Water supply: Connected to community water supply system ;3 days reserve supply tank by gravity  Wastewater: Wastewater treatment plant will be required  LPG / Diesel:  Not Available / Delivered on request / LP Gas and Fuel Oil / Storage for 7 - 14 days Distance: Limassol: 60km (1:15hrs) Nicosia: 79km (1:20hrs) Building’s Current condition  Structural: Very good Electrical: Requires full refurbishment Mechanical: Requires moderate refurbishment.  ·         Replacement of boiler / heating system required ·         Plumbing minor refurbishment Decoration:        Moderate – Major Refurbishment Finishes:              Full renovation required Management   ·         The Group’s Hotel Management Company offers a full property and hospitality management package for the management and operation of the property as a hotel or similar venture for an appropriate fee to be agreed.