Hotel in Pervolia, Cyprus

The complex is consisting of the following plots: Total:     11,979 square meters Total existing built up area 3545 square meters. New building area 2255 square meters. The new owner has the legal right to ask for a bigger building density. The establishment is nestled right on the waterfront and at five km drive from the International Airport of LARNACA, offering a quiet life, and an easy access to PERVOLIA VILLAGE. Investment option: Buying the plots and the company DEVELOPMENTS LTD is an option now. A viable business plan can be provided upon request. There are totally 68 one-bedroom apartments, two studios, two shops and a reception + a restaurant area. Hotel was a famous holiday resort until the beginning of 2000. Many people from UK, Germany, Czech Republic and Russia used to visit the establishment every year, combining the pleasure with the walks alongside the beech and the beautiful tranquil environment. In now days, hotel  needs to be totally renovated and rebuilt. As regards to the company details, hotel is cleared and without debts to the banks.