Hotel For Sale In the Center of Paphos, Cyprus

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Property ID : 3STR/HT/PHS/PG01

For Sale, Reduced €8,900,000.00 - Commercial, Hotel
80 Bedrooms 90 Bathrooms 100 Garages
 
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Unique opportunity to invest in a highly profitable deluxe 3 star 80 rooms  Hotel + 13 Shops business.

Situated in the center of Paphos town – Cyprus, the hotel is just a few minutes’ walk from the Local Market, District Museum, Municipality and Public Gardens, and a walk away from the Local Bazaar with bus stops outside the Hotels main entrance.

All rooms are Fully air conditioned /heated, All with 24″ color TV, Satellite hannels, Balconies, Hair dryers, Room safe deposit boxes, All rooms can accommodate 1 extra bed

The property has been operating very profitably & successfully for over 15 years.

The hotel is in immaculate condition and all departments are fully maintained and well run.  It is fully air-conditioned and heated .

Certified audited accounts are available from KPMG International.

Experienced management can stay on.

Planning permission has been obtained for a further expansion of the Hotel with 4 more floors, consisting of approximately 30 one bedroom & studio  deluxe apt suites, Or 42 Rooms and a roof cafeteria & bar/ multipurpose room- all with spectacular views and 3 floors parking area.

The property has been recently valued at 9,750,000

Agent Chrysanthos Kaiser

  • Mobile : 99 603679
  • Fax : 26 953757

   
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