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Hotel 6 600 m² in Ayia Napa, Cyprus

Ayia Napa, Cyprus
€8,50M
€1,288/m²
;
Hotel 6 600 m² in Ayia Napa, Cyprus
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Location

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  • Country
    Cyprus
  • Region
    Famagusta
  • Town
    Ayia Napa

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €1,288/m²
  • Total area
    Total area
    6 600 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

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Ayia Napa, Cyprus
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Hotel 6 600 m² in Ayia Napa, Cyprus
Ayia Napa, Cyprus
€8,50M
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