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Highly Profitable Deluxe 3 Star Hotel + 13 Shops for Sale
Hotel For sale in Paphos, Paphos, Cyprus
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Sale Price: EUR8,500,000.00 - EUR8,500,000.00 (Negotiable, Financing Available)
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Freehold property – company transfers (No transfer fees)
Complete Hotel Refurbishments made in March 2013 & 2014 included
Open all year around
Superbly situated in the Upper part of the Town Centre with panoramic views of the harbour and the West coast is very centrally located for shopping and sightseeing. Its charming position makes a wonderful retreat for those who prefer a high, cool and unconstructive place, yet within a few minutes walk from the Local Market, District Museum and Public Gardens.
Built to exceptional 3 star standards the Hotel has 80 rooms, some of which are adjoining. Each room is furnished to the highest possible standards with full air-conditioning and central heating for the winter month’s ensuite bathroom, shaving sockets, hair dryers, Satellite colour TV, direct dial telephone and private balcony offering incredible mountain and / or sea views of the local scenery. Other facilities include, 24 hour reception with panoramic views of the Harbour and Mediterranean sea, Cocktail Bar, Cafeteria, a luxuriously spacious Coffee shop, Restaurant offering local and international cuisine, Multipurpose / conference room, Large swimming pool, children's pool, Private parking area, 2 lift to all floors Library with guest’s internet Corner connection all Hotels departments are fully computerized with IBM main server.
Complex of shops there are approximately 13 shops owned by the Hotel at the main entrance level
Hotel Extension Possibilities.
There are government approved Architectural plans and building permits from all local authorities to build another 4 floors one of a Multipurpose Function room / Roof garden floor and the other floors to be rooms or suites.
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