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  1. Hospitality
  2. For Sale
  3. Tzami Tzentit
Alkisti Nicolaou - CEO & Assistant Sales Agent 20,000,000 € / 23,658,000 USD

Commercial - Hotel - Limassol City Center, Limassol - CY

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Commercial - Hotel - Limassol City Center, Limassol - CY - hotel pool.jpg - 480031017-415 Slider Image Thumbnail
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20000000.0000 EUR
480031017-415 Hotel RE/MAX 480031017-415 480031017-415 https://global.remax.com/en/listings/cyprus/limassol-municipality/480031017-415 1974

Commercial - Hotel - Limassol City Center, Limassol - CY

3 Star Modern Hotel in Limassol

20,000,000 € https://global.remax.com/en/listings/cyprus/limassol-municipality/480031017-415 InStock
23,658,000 USD
 
Tzami Tzentit - Limassol City Center, Limassol
Re-Built /Makeover
Total SqM
5,442
Lot Size (m2)
3,005
Built Area (m²)
5,442
Year/Month Built
1974/01
Parking Spaces
50
Num. of Floors:
7
View Listing on REMAX Cyprus
This 3-star modern hotel is located in the heart of Limassol, Cyprus just a few minutes away from the Old City of Limassol, its promenade and the Medieval Castle. It is the nearest Hotel to the Limassol Marina, to MY Mall Shopping Centre and Ladies Mile Beach and will greatly benefit from the governmental development works of the coastal stretch land stretching between the old and new Limassol ports! The hotel is built on 3,005 m² of land and had a major renovation in 2018. It is developed over 5 floors, consisting of a reception and lobby area, outdoor swimming pool of 7.5m X 12m with sunbathing area and terrace and 2 banqueting rooms for events and conferences, being able to accommodate 120 and up to 300 people each. Its restaurant and City café can accommodate up to 120 people and offer indoor bar, pool snack bar facilities. The 7th floor can become an amazing roof garden with breath taking views of Limassol, serviced by 3 lifts.

The hotel offers 114 renovated superior rooms. The covered area of the hotel is 4,168m² plus 724m² basement and 550m² covered verandas. The total covered area is 5,442m² and its parking lot is able to accommodate 50 cars. The prospective purchaser of the hotel will benefit from the 446m² plot adjacent to the hotel, which is part of the hotels sale.

This City Hotel enjoys 90% occupancy throughout the year with an Average rate of eur95/ night, thus offering a minimum of 15% Yield to its Prospective Buyer. The combination of its ideal location, welcoming Cypriot hospitality and modern design makes it the most affordable value for money accommodation in Limassol city, guaranteeing high occupancy rates for any investor.

Features

Modern
Parking
Swimming Pool
Furnished
City Center
Air Conditioning

Rooms

Dimensions

RoomSize

LivingRoom/DiningRoom

Lounge

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Alkisti Nicolaou - CEO & Assistant Sales Agent - RE/MAX DEALMAKERS
+357 97888555 / 25507001 0 - 99999999 Alkisti Nicolaou - CEO & Assistant Sales Agent Alkisti Nicolaou - CEO & Assistant Sales Agent https://global.remax.com/en/agents/cyprus/agios-athanasios/alkisti-nicolaou-ceo-assistant-sales-agent/480031017 46 Ayiou Athanasiou
Agios Athanasios, Limassol, Cyprus
4102

Alkisti Nicolaou - CEO & Assistant Sales Agent

RE/MAX DEALMAKERS

+357 97888555 / 25507001 0 - 99999999 USD Cyprus RE/MAX RE/MAX DEALMAKERS Agios Athanasios 46 Ayiou Athanasiou
Agios Athanasios, Limassol, Cyprus
4102



ALKISTI
+357 25 507001
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+357 25 660217
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+357 97888555 / 25507001
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+357 25507004
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an@remax.com.cy

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+357 97888555 / 25507001 0 - 99999999 Alkisti Nicolaou - CEO & Assistant Sales Agent Alkisti Nicolaou - CEO & Assistant Sales Agent https://global.remax.com/en/agents/cyprus/agios-athanasios/alkisti-nicolaou-ceo-assistant-sales-agent/480031017 46 Ayiou Athanasiou
Agios Athanasios, Limassol, Cyprus
4102

RE/MAX DEALMAKERS

46 Ayiou Athanasiou
Agios Athanasios, Limassol, Cyprus
4102
https://global.remax.com/en/offices/cyprus/agios-athanasios/remax-dealmakers/48003
+357 97888555 / 25507001 0 - 99999999 USD Cyprus RE/MAX RE/MAX DEALMAKERS Agios Athanasios

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