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Hotel for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
Hotel for sale in Limassol Municipality, Limassol 6050 Limassol Municipality
9000000 €9,000,000  ($10,011,101)
Hotel
Limassol Municipality, Limassol

€9,000,000  ($10,011,101)

RE/MAX Cyprus

RE/MAX Cyprus

Reg. No: 758 / License No: 410/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 $350,389

Average Bank Rate (€9,000,000)
1 USD = 0.8686 EUR
$10,361,490

Mid-market rate (€9,000,000)
1 USD = 0.8990 EUR
$10,011,101

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: 1503054 (480031017_1192)
  • Air Conditioning, City Center, On the Sea, Near/On Sea, Near Shops, Sea View, Swimming Pool

Description

This fully licensed, charming 3-star hotel, located next to the sea, offers a fantastic opportunity for investors. The property features a total covered area of 1,900m² providing ample space and facilities for guests.

Property Highlights:
- Total Area: 1,500m² covered areas plus 400m² basement.
- Accommodation: 33 apartments, all fully equipped with modern amenities.
- All Licenses are in place for the 3 star Hotel Category.

Facilities:

- Ground Floor: Includes a welcoming reception area, a spacious lobby, a separate lounge area with a bar, and a breakfast room.
- Pool: A 45m² pool for guests to enjoy.
- Views: Each room features a beautiful side sea view and a private balcony.
- Additional Potential: Opportunity to create an amazing roof bar on the top floor, enhancing the guest experience and increasing revenue potential.

This hotel is ideal for those looking to invest in a property with established guest facilities and room for future enhancements. With its prime location near the sea and well-maintained amenities, it promises a rewarding venture in the hospitality industry.

For more details or to arrange a viewing, please contact us.

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
€17,908 ($19,919)
If buying on joint names
€17,908 ($19,919)
Transfer fees
If buying as an individual
€356,600 ($396,662)
If buying on joint names
€353,200 ($392,880)

Disclaimer - Property reference 1503054. 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.

1,313 properties SOLD in Limassol Municipality and nearby areas! Get in touch with local agents who can sell your property fast at the best price!