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Hotel for sale in Larnaca Municipality, Larnaca

Larnaca Municipality, Larnaca, Cyprus
Hotel for sale in Larnaca Municipality, Larnaca 4405 Larnaca Municipality
10500000 €10,500,000  ($10,949,396)
Hotel
Larnaca Municipality, Larnaca

€10,500,000  ($10,949,396)

Cyprus Properties

Cyprus Properties

Reg.num: 841 / Lic.num: 387/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $383,229

Average Bank Rate (€10,500,000)
1 USD = 0.9265 EUR
$11,332,625

Mid-market rate (€10,500,000)
1 USD = 0.9590 EUR
$10,949,396

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 841832 (3001)
  • Plot: 1199 sqm

Description

Welcome to this exquisite seaside hotel, located in the highly sought-after Mackenzie area of Larnaca.

This expansive property is adjacent to the promenade and boasts exclusive, uninterrupted sea views that your guests will love.

· Walking distance to Mackenzie beach

· 20 m from a blue flag beach

· 2km from Saint Lazarus Church

· 1.9 km from Larnaca Fort

· 1.9 km from Pattichio Theater

· 2km from the airport

· 1.9 km from Finikoudes Promenade


Key features include:

Four floors consisting of 64 rooms, each equipped with a closet, bathroom, satellite TV, balcony, and controlled air conditioning. Each floor includes a service room.
A rooftop swimming pool measuring 11m X 7.5m, complemented by a bar. Additional facilities include showers, toilets, and a sauna.
Two ground floor areas that can accommodate approximately 280 people.
A mezzanine that includes offices, toilets for men and women, conference rooms with capacities ranging from 25 to 80 people, a boardroom for 50 people, large hall, accounting room, TV room, service kitchenette, and a second stairway lift.
The basement houses storage areas, linen room, washing and drying laundry facilities, maintenance workshop, boiler room, emergency generator room, two cold storage rooms with a capacity of 50 sqm, parking space, and a water tank of 100 m.
The hotel is complete with two stairwells/elevators, and two ramps that lead to the basement.
Description

64 Rooms

1199 m2 Plot Size 

2,816m2 of Covered area

576m2 of Mezzanine

678m2 of Basement area

Year Built 1982
Don't miss this outstanding investment opportunity in the heart of Larnaca's vibrant seaside community.

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.

Stamp Duties
If buying as an individual
€20,908 ($21,802)
If buying on joint names
€20,908 ($21,802)
Transfer fees
If buying as an individual
€416,600 ($434,430)
If buying on joint names
€413,200 ($430,885)

Disclaimer - Property reference 841832. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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