Hotel in paphos - 20574
4 Star Hotel - Closed in 2021
Possible Scenarios : 1. Outright sale of the asset
2. Outright Sale, and lease back management
Property Characteristics :
The hotel is located on the most central part of Kato Paphos with 150m walk to the sea . The hotel is not on the 1st line but second and does not have sea view. It is located close to Paphos Harbor and Castle.
Plot Size : 21.006 sqm
Facilities :
1. Floors 4 - Rooms 272 rooms ( 5 suites / 15 family rooms / 252 standard rooms ). The first 84 rooms have been built in 1978 and in 1996 a full renovation and expansion was made with the addition of 188 rooms. An option for 53 additional rooms to be built exists. Total Build area : 16.992 sqm . Total covered square meters: 15.449 sqm
2. Other Facilities
2 outdoor swimming pools including a childrens pool, plus one indoor pool .
2 Tennis courts
1 Playroom
1 Souvenir Shop
Hair Salon
Gym and Spa
2 Restaurants and 1 indoor bar, 1 Pool Bar
2 Meeting rooms
113 Car parking Spaces
Offices
Basement Covered Areas Analytical :
Basement : 821 sqm
Ground : 4,582 sqm
Upper : 9,876
Auxiliary Buildings : 170 Subtotal : 15.449 SQM
Outdoor Covered :
Stairs , Canopys, Verandas: 1,543 sqm
Total : 16.992 sqm
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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