€9,000,000 $9,486,486
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Pay in USD and save up to $332,027Key features
- Listing ID: 1171777 (42272)
- Building permit available
- Title deeds available
- Year Build: 1993
- Covered verandas: 930m2
Description
The asset relates to a hotel of 86 rooms and three blocks of apartment of 46 apartments in Pernera, Famagusta. The asset is adjacent to Pernera Avenue and c. 300m southwest of the nearest beach. The investment comprises the hotel's main building which consists of a lower floor at pool level with a restaurant, dining area, gym, kitchen, toilets, sauna, changing rooms, storage rooms, and staff areas. The ground floor consists of a reception area, storage areas, offices, shops, and a bar. The three upper floors consist of 86 hotel rooms. The total internal area of the hotel is 5.822 sqm.
The three blocks of apartments consist of 46 apartments (38 one-bedroom and 8 studio apartments) on three blocks.
Block 1 consists of a reception, lobby area, and restaurant on the ground floor and 7 apartments on the 1st and 2nd floors.
Block 2 comprises 17 apartments.
Block 3 comprises of 22 apartments.
The total internal area of the hotel apartments is 2.993 m2 and the covered verandas: are 930 m2.
There is also a separate building of 120sqm used as offices and storage space.
Externally there are spacious landscaped gardens, swimming pools, a tennis court, a basketball court, and parking spaces. The surrounding area of the property comprises numerous touristic developments that offer all amenities. It enjoys easy access to all areas of Protaras.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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