Hotel for sale in Ayia Napa, Famagusta

This licence two star existing/in operation Hotel (Year build 1985), consists of 23 hotel rooms on two floors. Due to the increase in building density in the area, existing hotel can be extended up to additional 22 Hotel Rooms, most specifically by adding additional approx 400 m2 to the third top floor. After extending the hotel to a third floor, the total number of hotel rooms will become 45 rooms approximately, plus 400 m2 of roof garden. The total area of land is 1307 m2, with 60% density used, plus extra added density of 55 m2 used. The present additional density offered, to be built today is around 400 m2. Facilities include: Full size Kitchen-Restaurant, Reception, Lounge area, Coffee-Snack Bar area, Pool Bar, large swimming pool and large Patio Area, Swimming Pool Jacuzzi, Mature Large Gardens. There is a Large covered Car Park area. In the Basement there is also a Gym-Sauna with all facilities -Health and Massage Room. It also includes Guests WC's and Changing Rooms. In addition there are six large Store Rooms. The Basement of 480 m2 is large enough to turn the hotel into a luxury SPA HOTEL. The Ground floor area is 290m2. The covered parking area is 190m2. The first floor area is 190m2. The 2nd floor area is 400m2 & Veranda 80 m2. Total existing covered building area 1630 m2. Another additional, new of 400m2 approximately can be built today on the 3rd top floor. Hotel in need of Full Renovation and Modernisation.