Hotel 1,633 m² in Larnaca

13,000,000 €

7,960 € /m²

Room stock —
Yield —
Constructed 2020
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Key project parameters

Total area: 1,633 m²
Land area: 980 m²
Constructed: 2020

Project description

This modern 4-storey hotel is conveniently located in the historic center of Larnaca on a charming side street, within walking distance of local attractions and the shopping area. There are 2 bars and a restaurant on site. It features a rooftop pool with magnificent views of the Mediterranean Sea(500 m). The hotel is located near the Church of St. Lazarus and the medieval castle of Larnaca. This is our guests' favorite part of Larnaca, according to independent reviews. The hotel was opened in 2020. Internal rate of return (GNR) IRR 12% Features: Free parking Gym Wi-Fi Luggage storage Outdoor swimming pool Laundry room Concierge service

Extra information

Internet

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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