€3,520,000 $3,721,430
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.
Pay in USD and save up to $130,250Key features
- Listing ID: 1445806 (9597)
- Plot: 777 sqm
Description
The property consists of a two-star hotel and three adjacent plots in Nicosia Old Town. The plots concern two commercial plots and one residential. They have a total land area of 717sqm and are located 150m from Eleftheria’s Square and 70m from Solomou Square. The three plots can be used as parking lots for the hotel.
The hotel is located in Trypiotis area. It is situated on the corner within the walled city of Nicosia, 60m from Ledras Street. The location of the property is one of the most tourist areas of Cyprus which consists of restaurants, shops, and hotels. The hotel has good external appearance, physical condition, and maintenance.
It has a land area of 777sqm. It has a total capacity of 33 rooms and consists of 4 floors (a ground floor and 3 floors above), plus 2 basement levels.
The hotel has an internal covered area of 1,340sqm, 92sqm of covered verandas, 1,243sqm of basements and 100sqm of bar situated in its southern part.
The ground floor consists of the reception area, a sitting area, 2 office rooms, a restaurant with a bar, and a kitchen. The 33 rooms are situated on the floors above. On each floor, there is a special room for persons with disabilities.
The outdoor areas consist of a guest dining area, a swimming pool, outdoor showers, a bar, and a storage area. Also, there is a separate bar which consists of a single dining area with a bar, guest and staff toilets and a storage room.
Basement level 1 consists of a gym, toilets, changing rooms, storage rooms, office, E.A.C. substation, and staff room. Basement level 2 consists of 20 covered parking spaces and a storage room.
The hotel falls within the planning zone EZ-EN.
One of the plots falls within the residential zone KΑ-Α.
The other plot falls within the commercial zone EZ-EN.
The last one plot falls within the residential zone KΑ-Α (30%) and within the commercial zone EZ-EN (70%).
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.
Disclaimer - Property reference 1445806. 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.