A land plot of 3000 square meters in the middle of which there are hotel apartments of 900 square meters, consisting 24 studios. 300 square meters more can be built, as the building coefficient in this area is 40%. They are currently rented to local people, as well as to customers from all over the world through a booking site.
This plot is situated in the heart of Germasogeia, a quiet, tree-planted village which is in the centre of Limassol, one of the main cities of Cyprus. From all studios there is Mountain View and from the third floor there is also sea view. The are is very peaceful and popular to foreign investors.
A prospective customer can continue using the business, or demolish the building in order to use the plot for a new business activity or residential purposes.
For example, a prospective client has stated his intention to turn it into a luxurious spa including sports facilities – the environment is highly recommended for athletes and people who like sports e.g. walking,
bicycling, or rowing (there is a water dam in the area).
Another client was interested in turning the building into a branch of his international business (offices).
They offer air-conditioned accommodation with views to the Mediterranean Sea or the mountain. Free private parking is possible on site.
Featuring walls painted in a lively pink or blue colour, all rooms and studios . Each includes a fridge and a private bathroom with a bath. Free Wi-Fi is available.
Two bus stations providing connection to several destinations are found within short walking distance. The centre of Limassol is 5.3 miles away, while the port is 9.3 miles away.
Larnaca International Airport is at a distance of 39.1 miles.
Title Deeds available.