Hotel 2,578 m² in Nicosia

The hotel is set in a secluded, lush and tranquil pine forest 3 km from Prodromos and Pedhoulas at an altitude of 1300m above sea level and 10 minutes from the Mount Olympus ski slopes. Formerly the hotel operated as a three-star hotel. Plot area: 5839 sq. m. Main building (2,454 m²) 50 guest bedrooms, Lounge, Bar, Card Room, TV room, Restaurant, Kitchen, Gym, Storage areas, plant room. Ancillary Buildings (124 m²) An electricity sub-station Grounds and gardens Orchard, gardens, terrace, pool area Possible Uses Boutique hotel Spa resort Rehabilitation centre Apartment units Single accommodation unit Road Access: Main road to the driveway Electricity supply: Phase/ standby generator recommended for emergency use Water supply: Connected to community water supply system; 3 days reserve supply tank by gravity Wastewater: Wastewater treatment plant will be required LPG/ Diesel: Not Available/ Delivered on request/ LP Gas and Fuel Oil/ Storage for 7 – 14 days Distance: Limassol: 60km (1:15hrs) Nicosia: 79km (1:20hrs) Building’s Current condition Structural: Very good Electrical: Requires full refurbishment Mechanical: Requires moderate refurbishment. · Replacement of boiler/ heating system required · Plumbing minor refurbishment Decoration: Moderate – Major Refurbishment Finishes: Full renovation required Management · The Group’s Hotel Management Company offers a full property and hospitality management package for the management and operation of the property as a hotel or similar venture for an appropriate fee to be agreed.