Hotel for sale
Ayia Napa, Famagusta, Cyprus
£2,176,373 *
[€2,500,000]
Full Description
An excellent investment opportunity in one of the most sought-after tourist destinations in Cyprus.
The property is located in a prime central area, within approximately 2 minutes' walk from the town's vibrant nightlife, restaurants, bars and shopping district, while also being within walking distance of the beach. Its strategic location makes it highly attractive for both holidaymakers and hospitality operators.
The complex consists of multiple accommodation units, reception facilities, restaurant/common areas, a swimming pool and supporting operational spaces, offering a solid foundation for repositioning.
The property requires renovation and modernization, presenting an ideal value-add opportunity for an investor looking to upgrade the asset and significantly improve its commercial performance. With the right concept, design and management, the property has the potential to achieve substantially higher occupancy levels, stronger guest reviews and increased revenue.
Suitable for investors, hotel operators or hospitality groups seeking a redevelopment opportunity in one of Cyprus' strongest tourism markets.
Further information, photographs and financial data are available upon signing a Non-Disclosure Agreement (NDA) and following verification of the prospective purchaser.
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