€4,000,000 $4,171,999
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Pay in USD and save up to $146,020Key features
- Listing ID: 1191223 (6324)
Description
Presenting a rare opportunity, this seaside property in Voroklini, Larnaca, is currently operated as a 27-key apart-hotel and will be sold with vacant possession. It boasts fitness facilities, a communal pool, and has planning permission (expiring in Q1 2024) already granted to construct an additional floor with 7 keys. Currently, each room ranges between 42 – 45 sq m.
Situated in the picturesque seaside village of Voroklini, this asset enjoys a prime coastal position in Larnaca. It offers seamless access to the main highway network, just a 4-minute drive (1 kilometer) away, connecting all regions in Cyprus. Additionally, it is an 8-minute drive to the center of Larnaca. Nearby properties include the Radisson Beach Resort, the Mercure Beach Resort, and the Land of Tomorrow development.
This seaside hotel in Voroklini, Larnaca, offers an exceptional investment opportunity with its prime location, expansion potential, and existing hotel infrastructure. Whether you seek to continue its hotel operation or explore new possibilities, this property presents a promising investment prospect in the vibrant hospitality sector.
For more information or to arrange a viewing, please contact Elit Blue.
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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