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Hotel for sale in Mackenzie, Larnaca

Mackenzie, Larnaca, Cyprus
Hotel for sale in Mackenzie, Larnaca 451 Mackenzie
9500000 €9,500,000  ($9,908,498)
Hotel
Mackenzie, Larnaca

€9,500,000  ($9,908,498)

Investia Estate Agents

Investia Estate Agents

Reg. No. 509/ Lic. No.255/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 $346,797

Average Bank Rate (€9,500,000)
1 USD = 0.9264 EUR
$10,255,295

Mid-market rate (€9,500,000)
1 USD = 0.9588 EUR
$9,908,498

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: 1464849 (14160)
  • Pool
  • Parking
  • Re sale
  • Title deeds

Description

For Sale: Beachfront Hotel in Larnaca

Discover a rare investment opportunity with this beachfront hotel, offering unobstructed sea views and situated in an excellent location.

This prime property boasts high occupancy rates year-round, thanks to its unparalleled position. Don't miss out on owning a lucrative business in one of Larnaca's most sought-after areas.

For Sale: 3-Star Beachfront Hotel in Larnaca
Property Overview:

Location: Right on the beach in Larnaca
Hotel Rating: 3-Star
Plot Size: 1,200 m²
Building Area: 2800 m²
Parking: 650 m2
Built:1980
Title Deed: Available
No VAT
Accommodation:

Total Rooms: 63 (Potential to extend to an additional 32 rooms provided building permits are obtained)
Single Rooms
Double Rooms
Connecting Rooms
Floors: 5 floors plus mezzanine(500 m2)
Roof: Swimming pool (11 x 7.5 m²) and bar in need of renovation.
Amenities:

Restaurant: 1
Conference Room: 3 conference rooms with capacity for 155 people
Reception Area: Ground floor reception and hall
Dining: Ground floor restaurant accommodating up to 280 people
Cafeteria: Located on the ground floor
Verandas:
Uncovered veranda with flowers (140 m²)
Covered veranda (576 m²)
Office Space: Mezzanine offices and toilets
Basement: Includes washing facilities, water tanks, etc. (678 m²)
Floor Breakdown:

Ground Floor: Reception, hall, cafeteria, restaurant, uncovered and covered verandas
Mezzanine: Offices, toilets, and conference rooms
4 Upper Floors: Each floor with 16 rooms (2,240 m²)
Roof: Pool and bar area (544 m²)
Basement: Utility areas (678 m²)
This beachfront hotel presents a fantastic investment opportunity with its prime location, extensive amenities, and potential for expansion. Contact us for more details and to schedule a viewing.No VAT

MAIN INFORMATION
Region Larnaca
District Centre
Location Mackenzie
Sale price €9,500,000
DETAILS
Year built 2000
Area 5000 m2
Plot size 1200 m2

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
€18,908 ($19,721)
If buying on joint names
€18,908 ($19,721)
Transfer fees
If buying as an individual
€376,600 ($392,794)
If buying on joint names
€373,200 ($389,248)

Disclaimer - Property reference 1464849. 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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