- Larnaca (city) Hotel 11,000,000 €
- Basic parameters
- Photo
№ 2,380,668
Hotel in Larnaca (city), Cyprus
11,000,000 €
- Room stock —
- Yield —
- Constructed 1982
- Price per key —
Key project parameters
- Constructed
- 1982
Project description
Discover a promising investment opportunity with this 3-star hotel for sale in the Mackenzie area of Larnaca! The property consists of 64 side sea-view bedrooms spread across four floors and a fifth floor featuring a pool and bar with panoramic view of the coastline. In addition it includes a restaurant and an event hall. With proximity to a blue flag beach, water sports, promenade, restaurants, cafeterias, salt lake, and the airport this property is a prime destination for investors and buyers.
Description
64 Rooms
1199 m² Plot Size
2,816 m² of Covered area
576 m² of Mezzanine
678 m² of Basement area
Year Built 1982
Location:
Situated along the coastal road of Mackenzie, Larnaca, this hotel enjoys proximity to a wealth of attractions and amenities.
Walking distance to Mackenzie beach
20 m from a blue flag beach
2km from Saint Lazarus Church
1.9 km from Larnaca Fort
1.9 km from Pattichio Theater
2km from the airport
1.9 km from Finikoudes Promenade
Tenants
- Agreement
- n/a
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- annual yield
- From 10%
- exit period
- 3 years
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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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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