#15609
For Sale, Hotel in Agios Andreas, Nicosia
4,800,000€+VAT
#15609
For Sale, Hotel in Agios Andreas, Nicosia
4,800,000€+VAT
2,453m²
2,453m²
Resale
Investment Opportunity
An excellent hospitality investment opportunity, this well-maintained renovated three-storey hotel is strategically located in the heart of Agios Andreas, Nicosia, within close proximity to the city's commercial, business, and cultural attractions.The property offers a total covered area of approximately 2,453 sq.m. and comprises:
🏨 Ground Floor: Reception area, restaurant, bar, guest WCs, and spacious common areas.
🛏️ First to Third Floors: A total of 46 guest rooms, including:
⭐ 2 Suites
🛌 30 Superior/Standard Rooms
💼 16 Executive Rooms
The hotel is in good overall condition, offering a solid foundation for continued operation or repositioning within the hospitality market.
Investment Highlights:
📍 Prime central location in Agios Antonios, Nicosia.
📐 Total covered area: 2,453 sq.m.
✅ Well-maintained property in good overall condition.
🔑 Strong investment security with good marketability.
💰 Gross Operating Profit (GOP): approximately €250,000 per annum.
📈 Excellent opportunity for investors seeking a well-established, income-producing hospitality asset.
This property represents an exceptional opportunity to acquire a prominent hotel in one of Nicosia's most established commercial and business districts, with significant potential for long-term value and attractive returns.
Property Info
15609
4,800,000€+VAT
Nicosia
Details
Construction Stage:
Resale
Floor Number:
3
Beds:
46
Furnished:
Fully Furnished
Construction Type:
Concrete
Energy
Heating Type:
Autonomous Heating System
Cooling Type:
Autonomous Cooling System
Energy Efficiency Grade:
A
Main Features
Elevator:
Air Condition:
Reception:
Resale:
Building Permit:
Mortgage Calculator
Amount Financed:
Mortgage Payments:
Annual cost of Loan:
Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.