- 27,285,000 €
- 4.7% yield
- Larnaca Hotel 10,000,000 €
- Basic parameters
- Photo
№ 2,452,290
All photos
Hotel 3,500 m² in Larnaca
10,000,000 €
2,857 € /m²
- Room stock —
- Yield —
- Constructed 2006
- Price per key —
Key project parameters
- Total area
- 3,500 m²
- Land area
- 2,000 m²
- Constructed
- 2006
Project description
Friendly and well-established hotel apartment complex with commercial shops, ideally located near the heart of Larnaca. The property is within walking distance to the town center, the renowned Palm Tree Promenade (Phinikoudes), and the Larnaca Marina. Larnaca International Airport is just a 10-minute drive away, while the town’s port lies only 600 meters from the property. The hotel comprises 37 well-designed and spacious apartments, along with 17 retail shops, as follows: 3 Comfortable two-bedroom apartments 21 Spacious one-bedroom apartments 13 Cozy spacious studios 17 Retail shops Important Notes Valid planning permit allows the construction of an additional 22 rooms within the hotel plot In 2024 and 2025, the reception area, 3rd floor, and 4th floor underwent full renovation, modernizing the complex The sale involves 100% transfer of company shares, not subject to VAT or transfer fees. Income source Hotel apartment rentals Monthly income from 17 commercial shop tenants
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
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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