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Hotel 3 500 m² in Larnaca, Cyprus

Cyprus, Larnaca
$11,28M
$3,224/m²
;
Hotel 3 500 m² in Larnaca, Cyprus
12
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Address Address
Params Params
Description Description
Media Media
ID: 3411160
Property ID on Realting
In CRM: 57775
ID of the ad on the website or in the company’s CRM
Last update: 06/05/2025

Location

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  • Country
    Cyprus
  • Region
    Larnaca District
  • City
    Larnaca

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $3,224/m²
  • Total area
    Total area
    3 500 m²

Description

Friendly and well-established hotel apartment complex with commercial shops, ideally located near the heart of Larnaca. The property is within walking distance to the town center, the renowned Palm Tree Promenade (Phinikoudes), and the Larnaca Marina. Larnaca International Airport is just a 10-minute drive away, while the town’s port lies only 600 meters from the property. The hotel comprises 37 well-designed and spacious apartments, along with 17 retail shops, as follows: 3 Comfortable two-bedroom apartments 21 Spacious one-bedroom apartments 13 Cozy  spacious studios 17 Retail shops Important Notes Valid planning permit allows the construction of an additional 22 rooms within the hotel plot In 2024 and 2025, the reception area, 3rd floor, and 4th floor underwent full renovation, modernizing the complex The sale involves 100% transfer of company shares, not subject to VAT or transfer fees. Income source Hotel apartment rentals Monthly income from 17 commercial shop tenants      

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Cyprus, Larnaca
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Hotel 3 500 m² in Larnaca, Cyprus
Cyprus, Larnaca
$11,28M
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