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Pay in USD and save up to $2,911,168The hotel is offered for sale entirely on the first coastline, in the heart of the tourist area of Larnaca, a few kilometers from the charming and cosmopolitan city center. The hotel is a completely renovated, luxurious 202-room resort building with sea views and is located right on an impressive, award-winning sandy beach, which has been awarded the highest award - the Blue Flag. The hotel also offers versatile facilities for corporate and social events, large and fully equipped conference rooms, a chic restaurant, an outdoor and indoor swimming pool, a gym, and private access to the beach. The large size of the site allows for further development and increases the cost. The excellent location of the hotel provides easy access to the motorway, making it an ideal starting point to explore the entire island. The hotel has been operating for the last 30 years before the complete restoration, over the past five years it has shown an average of 92% occupancy during the year. To date, the hotel has been opened after restoration and is fully operational. A great option for investment.
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