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Four-storey hotel in kakopetria

Nicosia, Kakopetria
Posted: 13.02.2025 11:15 Ad ID: 5604367
Four-storey hotel in kakopetria-1 Four-storey hotel in kakopetria-2 Four-storey hotel in kakopetria-3
  • Reference number: VL43781
  • Area: 1585 m²
  • Type: Hotels
  • Condition: Resale
  • Plot area: 1338 m²
  • Construction year: Older
  • Energy Efficiency: N/A
  • Square meter price: €429 /m²
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Four-storey hotel for sale in an excellent location in Kakopetria. The property is briefly described as a four-storey corner building with shops on the ground floor, restaurant, bar, kitchen, etc. on the first floor and hotel rooms on the second and third floors.

*THE PROPERTY IS IN NEED OF FULL RENOVATION, WHICH IS REFLECTED IN THE PRICE THAT THE ASSET IS SOLD.

There is an official property evaluation from an independant and reputable surveying firm.

The ground floor consists of a total of five shops.

The first floor consists of the reception hall, large living room with fireplace, bar, large living room, large dining room, large kitchen, office, reception, storage room, four toilets with one bathroom and three service rooms.

The second floor consists mainly of rooms and two storage rooms. It has a total of 16 rooms with private showers / toilets.

The third floor consists of four double rooms with private showers and toilets and nine regular rooms with separate showers and toilets and a large corridor.

The hotel also has a plot to the south, part of which has been converted into a parking area for the hotel's customers. Another part of it to the west has been laid out in a grass garden.

According to the architectural plans, the property has an internal covered area approximately as follows:

Shops 275m2

First floor 560m2

Second floor 410m2

Third floor 340m2

Total covered area 1585m?.

The asset is included in the Urban Development Zone H2.

Also, the fact that the property has been built on the basis of the old Town Planning regime with reduced restrictions such as for example height, floors, use and area is considered as an advantage.

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Run a full technical and legal real estate check today
  • Technical inspection:
    HOME CHECK
    +357 96 504 296
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218

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680.000
€429/m²
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+35XXXXXXXXX
P.N.NICOLAOU ESTATES LTD P.N.NICOLAOU ESTATES LTD
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Posting since jul, 2022

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