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Fully Equipped, Hotel Business for Sale in Makariou area, Larnaca. Amazing location, only 300 m away from the sea. Close to a plethora of amenities such as supermarket, restaurants etc. Just few minutes away from Larnaca Town Center where there is access to amenities that many tourists enjoy, especially during the summer. Only 10-minutes away from the famous Makenzy where the sea is crystal clear and shallow with some of the islands best traditional Cypriot restaurants, nightlife and bars.
This Hotel Business started in 1995 and expanded with a new building right next to the first one in 2010. Both buildings are built in a total area of 1.635 sq. m. The first building consists of 11 two-bedroom apartments and 25 one-bedroom apartments, all with bathrooms and open plan kitchens. The second building consists of 18 studio apartments with bathrooms and open plan kitchens. The hotel also has an office, a reception, dining area, restaurant/bar, elevators and covered parking.
The property is a comfortable three-star hotel with a pleasant atmosphere. It’s ideal location, overlooking the Mediterranean Sea and the Larnaca bay line, make it the perfect address in Cyprus for business travelers and tourists alike.
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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