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16 bedroom Hotel in Kato Paphos, Paphos

Kato Paphos, Paphos, Cyprus

ID 206481
For Sale 3,500,000
  • 1518 m2
  • 1419 m2
  • 16
  • Pool
  • Sea View
  • Near the sea

PROPERTY FEATURES

Property Type Hotel  
Covered Area 1518m 2  
Plot 1419  
Bedrooms 16  
Resale  
Sea View  
Walking Distance To The Sea  
Good Location Cafes, Restaurants, Banks, Pharmacies, Shops, Supermarket, Post Offices, Car Rentals  
Indoor Facilities
Outdoor Facilities
Communal Pool

Description

The hotel is located in the heart of Kato Pafos, within easy walking distance from all amenities. 150 meters away from the nearest sandy beach and only 800 meters away from the picturesque harbour and the UNESCO archaeological site. The property is well connected with public transport and it is within 25 min from Paphos Airport.

Property Information:

Property was built in the 1980’s.   It’s fully licensed by the Cyprus Tourism Organization to operate as Hotel Apartments category B.  The hotel was closed in 2010 due to owners retirement. Recently the owners have received new licence Category Lux convert it into All Suite Boutique Hotel. The new architectural plans for renovation consist of 16 suites, breakfast area, restaurant and coffee shop, exhibition hall, gym and wellness  centre, games area, terrace and swimming pool. First and second floor will accommodate 8 suites, There is also the potential of using roof.  THE PROPERTY IS FREEHOLD.

Hotel Characteristics:

  • In need of renovation
  • All licenses obtained for renovation and extension
  • Close to the harbour and beach
  • Excellent location

    Outdoor

    • » Communal swimming pool

    Views / Distances

    • » Shops/Amenities Nearby
    • » Bars/Restaurants Nearby
    • » Sea views
    • » Close to the port
    • » Airport: 30 min drive
    • » Town: Walking distance
    • » Beach: Walking distance