Buildings - Ref. No. 52651
For Sale €7,000,000
€7,000,000 For Sale
Protaras Famagusta
Buildings Resale
70 Bedrooms
- Covered
- Plot


Property Features

Beach: Walking distance
Communal swimming pool
Investment Oportunity
Photovoltaic System


Description

An excellent hospitality investment opportunity in the highly sought-after coastal destination of Protaras, Cyprus. This fully operational hotel enjoys a prime location just 100 metres from the beach and benefits from an established international clientele, offering an attractive opportunity for investors looking to acquire an established business within Cyprus's thriving tourism sector. The hotel is developed across multiple levels and features fewer than 70 guest rooms, a swimming pool, an on-site restaurant, and additional leisure facilities. The property also benefits from photovoltaic solar panels, contributing to improved energy efficiency and reduced operating costs. Importantly, all necessary operating licences are in place, including the Cyprus Tourism Organisation (CTO) licence, allowing the hotel to continue operating as an established hospitality business.

Project Features:
The property combines an established hospitality operation with a prime coastal location and a range of existing guest facilities. It also comes with the necessary operating licences, including CTO approval and features a swimming pool, restaurant, leisure facilities, and a photovoltaic solar panel installation.

With an established operation and proximity to the beach, this property presents an attractive opportunity for investors seeking an income-generating hospitality asset with potential for future growth. Further information is available under NDA.