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Cyprus property for sale or rent

price

Hotel for sale in Nicosia №3323

Commercial property / Никосия

46 bedrooms

5 800 000 €

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object description

Hotel for sale in Nicosia.

Hotel, a beautiful 19th century mansion, is conveniently located in the heart of the Commercial  and Historic city, only minutes away from the shopping area, Business Center, Government Offices, Conference Centre, Restaurants and bars.

Hotel offers a diversity of services to meet the needs of the modern businessman as well as families seeking a time of leisure and relaxation. Each of the spacious and individually decorated guestrooms and suites offer a rewarding union of timeless elegance and comfort.

INFORMATION

Hotel Services

  • Wireless High Speed Internet Access in Public areas and guest rooms
  • Complimentary Hotel  Private Parking
  • Conference & Banqueting  facilities are available 
  • Health & Leisure Center available at Holiday Inn nearby (sister hotel)
  • Business Services
  • Room Service
  • Laundry-dry cleaning and pressing service
  • Climate Control
  • Exchange services
  • Voltage 220V
  • Luggage Storage

……………………………………………………………………………………………………………………………………………………….

Plot area: 1.200 m²

Indoor area: 2.488m²

There are 3 floors in front and 4 floors behind with permission to extend it for a further 16 rooms.

The adjacent plot belonging to the hotel can be built three-storey car park (elevator type).

It has 46 rooms, the building permit for the extension expires in July 2017.

Fully renovated in 2002. The original building is 100 years old and have been all metal construction and is fully approved in terms of building permits.

Annual Turnover is € 620.0000, calculated at the time € 780.000 euros and the profitability of the year will be € 400,000.

parameters

Status
sold
City
Nicosia
Area
Bedrooms
46
Bathrooms
3
Covered
2488 м²
Plot
1200 м²

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