191 Bed Property for sale
Protaras, Famagusta, Cyprus
£38,663,115 *
[€45,000,000]
Full Description
4-Star Beachfront Hotel Investment Opportunity with Planning Permit for Expansion Located in Protaras, Famagusta
Protaras is a popular east-coast resort town in Cyprus, recognised for its sandy beaches, clear waters and established tourism infrastructure. Its coastal setting and concentration of hotels, restaurants and leisure facilities make it a prominent destination within the Famagusta tourism area.
Status - Existing Hotel
VAT - Unspecified
Property Features:
Hotel Category - 4-Star
Rooms - 191
Land Area - 14,231 m²
Beachfront - Yes
Planning Permit - Obtained for 71 Additional Rooms
Hotel Features:
A planning permit is already in place for 71 additional hotel rooms, providing a defined route for increasing the existing accommodation capacity. The 14,000 m² land holding supports the established hotel operation and permitted expansion.
The property combines an established beachfront hotel operation with approved expansion potential, offering an opportunity to increase room capacity within one of Cyprus' recognised east-coast resort destinations.
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