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Hotel For Sale or For Rent in Paphos, Cyprus Investment/Share Ownership In Profitable Deluxe Hotel &Shops Asking Price: 23,500,000 € - 23,950,000 €
Rent It For: 37,950 € - 38,900 € per month
(Prices are negotiable) Hotelier owner seeks Investor/Business Partner for participation in ownership of an UN-mortgaged profitable Hotel & Shops Complex in Paphos Cyprus. Building Permissions has been granted for upgrading & a further expansion of the Hotel with 3 more FLOORS of which will consist of approximately 30 ONE BEDROOM DELUXE APT SUITES and A ONE ROOF ROOF CAFETERIA & BAR / MULTIPURPOSE ROOM ALL WITH SPECTACULAR VIEWS.
Assets fully secured with guaranteed returns, valuation in excess of 22.70 Million Euros
Investor will be able to participate in the share ownership of up to 49% of the Hotel Valuation The Hotel has been operating very successfully for over 12 years. Inspection visit are welcomed from serious prospective investors.
Situated very centrally in the center of Paphos town - Cyprus. the hotel is just a few minutes walk from the Local Market, District Museum and Public Gardens, in the center of the very best exclusive shopping area and a walk away from the Local Bazaar with bus stops outside the Hotels main entrance.
The hotel is in immaculate condition and all departments are fully maintained and well run and kept.. The Hotel is fully air-conditioned and heated , large Lobby reception area,80 ensuite bedrooms all with 20" colour TV with satellite channels, balconies, fully air conditioned /heated, with hair dryers, room safe deposit boxes
All rooms can accommodate 1 extra bed. The hotel has also 2 deluxe one bedroom suites and four staff rooms with staff changing facilities.
Exceptional Main a la carte restaurant, separate fully equipped coffee shop for Breakfast and snack area, pool Bar, Cafe Bar/Cafeteria with a very large veranda and panoramic seaview with access for outside guests also. Fully equipped kitchens with two very large walk in coolers, staff restaurant, laundry room, swimming pool and children’s swimming pool and controlled private parking.
The hotel has 2 lifts to all floors, library with guest’s internet connection and all our departments are fully computerised with 2 IBM main servers. The Hotels is accessible by wheel chairs and all areas are fully air-conditioned and heated.
The Hotel has Building permision for a extention of three floors extra of Suites and a roof Garden Cafeteria Multipurpose room.
 | | About This Property | |
| Category: | | Hotels | | Address: | | Paphos
Cyprus | | For Sale/Rent By: | | Owner | | Construction Year: | | 2000 | | Area: | | 5,500 m2 | | | Bedrooms: | | 80 | | Bathrooms: | | 80 | | Sleeps: | | 240 | | Stories: | | 5 | | Parking Spaces: | | 35 | |
| | Features - Amenities | |
| - Furnished
- Pet Friendly
- Maid's Quarters
- Maid's Bathroom
- Laundry Room
| | - Studio Room
- Pool
- Balcony
- Terrace
- Patio
| | - Cable TV
- Ocean View
- Mountain View
- Two Deluxe One Bedroom Suites, One Can Be Used By The Lesee For Living Accommodation In The Hotel. In The Hotel With Full Facilities Kitchenette, Large Siting Room, Separate Bedroom, And 24 Hours Reception, Security, Superbly Furnished,fully Deluxed Fi Internet In All Of The Hotel.
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