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Established Business and Building in the Heart of Kakopetria in Nicosia Project №111500

111500
https://dom.com.cy/upload/resize_cache/uf/48b/1920_1080_2/a1t3ocmngrdhhz9nku4ii2r977jpcg0i.jpg
Additional:
Title deed
Furniture
Appliances
Air Conditioner
Parking
Storage
Elevator
Toilet
Kitchen
Staff room
Conference hall
Reception
Business license
Equipment
Description:

We are pleased to present a unique opportunity to purchase a well-established hotel located in one of Cyprus's most famous villages, Kakopetria. Situated in the center of the village, this hotel has built a strong reputation among its guests over the years.

Long-Standing Family Business: Built and operated by the current owners for over 40 years, the hotel is now available for sale due to the owners' retirement.

Spacious Accommodation: The hotel spans 6 floors and includes 30 rooms, consisting of 20 standard two-bedroom rooms and 6 suites.

Ground floor features a fully equipped lounge bar and a conference room with a capacity of 40 people.

An excellent indoor restaurant with a modern, well-equipped kitchen.

A 400m² roof terrace offering spectacular views of the village and surrounding mountains.

Comfort and Convenience: The hotel is fully air-conditioned, with climate control in each room and all common areas.

Active Operating License: The hotel holds a current and active license to operate, ensuring a smooth transition for the new owner.

Scenic Location: Kakopetria is renowned for its natural beauty, offering cool summers, colorful autumns, snowy winters, and stunning springs.

Investment Potential: The hotel currently enjoys around 60% year-round occupancy and generates a steady income. With the right management and investment, there is significant potential to increase ROI for the new owner.

This property represents a rare opportunity to acquire a fully licensed, well-established hotel with a strong reputation in a picturesque and popular location. For more details or to arrange a viewing, please contact us.

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Object
№111500
Type:
Commercial
City:
District:
Complex:
Developer:
Total area:
2200 m2
Storey:
6
Year of construction:
1980
Payback:
9 years
ROI:
11%
2 600 000 EUR + VAT
1 182 EUR/m2
2025-11-28T15:59
111500
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