Buy Properties in Cyprus


Ref. No: 4520739


Download Brochure

Seaside property perfect for a future investment. It occupies 3 adjoining building plots. The first is located directly by the beach and it includes a small hotel of 1200 sq.m. This small 2-floor hotel has now 15 apartments and there is a permit to build 4 floors on the top with another 12 apartments. Beyond the first plot, there are another 2 plots with a building permit for a Rehabilitation Hotel and cost of the project 25 million euros, for which there is an approved loan by the European Investment Bank. The property falls within the tourist zone T1e having 50% building density and 25% coverage.

Property Details

More information

  • Property Type: Commercial Property
  • Price: €10,000,000
  • Property Size: 14538sqm
  • Building Density:50
  • Coverage Density :25
  • Height :
  • Floors :
  • Zone:
  • • Title Deeds
  • • Sea View

Inquire about this property