Property in Cyprus

Hotel in Limassol, Cyprus

Description

Title Deeds
* Build Density of Plot - 40
* Fully Furnished
* Great Investment Opportunity
* Residential Area
Hotel Apartments located in the Germasogeia area of Limassol with Title Deeds
- 24 studio apartments - various types & sizes
- Reception hall
- Small restaurant kitchen
- Fully furnished
- Communal swimming pool (currently covered)
- Running business with annual income of € 150,000
- Annual occupancy: 70
- Up to 1200m2 more can be built on the plot
- Great opportunity to purchase an established business
- All would benefit from a full refurbishment
- Plot - 3000m2
- 5 minutes to the nearest beach
- 5 minutes to local amenities
- 45 minutes from either Paphos or Larnaca International Airports

Specifications
Property type:hotel
Property condition:period / existing
Land area:3000 sq. m

ID: 118925 10.05.2020

  • 1200 sq. m
  • 24 suites
2 100 000 €
The seller could not indicate the exact geographical coordinates.
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