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A property for sale consisting of a two-star hotel and three adjacent plots in the Old Town of Nicosia (Tabakhane quarter). The plots have a total area of 717 m2 and are located 150 meters from Eleftheria Square and 70 meters from Solomou Square. The plots can be used as parking spaces for the hotel. The hotel is known as "Royiatiko" and is located in the Trypiotis area. It is located on the corner of Appolonos Street, 60 meters from Ledras Street. The hotel has a good appearance and physical condition. The property has a land plot of 777 m2. The hotel has an internal covered area of 1,340 m2, covered verandas of 92 m2, basements of 1,243 m2 and a bar of 100 m2 located in the southern part. There are 33 rooms on the upper floors. There is a special room for people with disabilities on each floor. The outdoor areas consist of a guest dining area, a swimming pool, an outdoor shower, a bar and a pantry. There is also a separate bar, which consists of a single dining area with a breakfast bar, toilets for guests and staff, and a pantry. Ground level 1 consists of a gym, toilets, changing rooms, storage rooms, an office and a staff room. Ground level 2 consists of 20 covered parking spaces and a storage room.
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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