Hotel 6 600 m² in Ayia Napa, Cyprus
Ayia Napa, Cyprus
€8,50M
€1,288/m²
Location
Property characteristics
Property parameters
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Price per m²€1,288/m² -
Total area6 600 m²
Description
Discover an exceptional investment opportunity in the thriving commercial real estate market—a premium hotel property centrally located in the vibrant area of Ayia Napa, complete with approved planning permissions for redevelopment and expansion.
Investment Opportunity Highlights
Prime Location: Centrally located in Ayia Napa, within walking distance of beaches, cafes, supermarkets, and other amenities.
Approved Redevelopment Plans: Includes planning permissions for a modern 3-star hotel upgrade with enhanced facilities.
Current Property Details
Plot Size: 6,850 sqm with approximately 6,600 sqm covered areas.
93 fully operational hotel apartments: 48 studios, 37 one-bedroom apartments, 8 two-bedroom apartments.
Bar and restaurant
Outdoor pool
Tennis court
Mini market
50 parking spaces.
Construction History:
Phase 1: Completed in 1978
Phase 2: Completed in 1991
Redevelopment Plans (Included with Sale)
Proposed Project:
New 3-star hotel with 167 total rooms.
Total covered area: 13,800 sqm.
Expanded Amenities:
Food and beverage facilities
Indoor and outdoor pools
Wellness and spa center
Gym facilities
Ballroom for weddings and events
Mini market
70 parking spaces
Posted at: 06/12/2024
Updated at: 06/12/2024
Location on the map
Ayia Napa, Cyprus
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