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7 bedroom hospitality for sale

Northern Cyprus - Kyrenia/Girne, Karsiyaka

Offers in Region of £790,000

like this property?

Call: 03339 391529

Commercial information:

  • Business for sale
  • 136,820 sq ft (12,711 sq m)
  • Use class orders: B1 Business

Key features:

  • 7 independent villas, with en-suite facilities
  • Fine dining restaurant with 40 in door guest capacity and more on terraces
  • Circular out door (unheated) pool and sunbathing area with exceptional mountain views
  • Spa Centre
  • 16 km to the west of the main harbour town of Kyrenia
  • 9.5 donum site(approximately) 3.5 acres of land

Full description:

This is a rare opportunity to purchase a successful commercial business in the Mediterranean with huge growth potential, both in terms of capital investment and operating profits.

Vaha is a unique boutique spa hotel opportunity.

Vaha Spa is based in North Cyprus, in Karsiyaka, a quiet rural village 16 km to the west of the main harbour town of Kyrenia. Beautiful beaches, restaurants, casinos and other attractions are a short distance from Vaha by car. Vaha is set on a 9.5 donum site (approximately) 3.5 acres of land), with at least another 8 donums of land directly adjacent to Vaha which are available for purchase for potential expansion. Vaha is approximately 1.5miles from the sea, and sits beneath the village and mountain of Karsiyaka. Vaha Spa is set in mature landscaped gardens, with an abundance of olive and lemon tree s. The spa buildings are set across approximately 2,000 square meters and are comprised of the following 3 main elements:

• Spa Centre
• Guest Accommodation
• Restaurant

The restaurant has seating for 40 covers indoors, and overlooks the mature gardens with garden pavilions, suitable for private parties or functions. The restaurant features a reception, central fire place, guest toilets, bar and a commercial kitchen with storage and staff facilities. A fully automatic 125KVA backup-generator, 320 tonne water tank and shared well access are also included.
Vaha offers 7 guest villas set in the lemon orchard. 6 of the guest villas are to the same design, each villa has a 360 degree terrace, framed by lemon trees for privacy and offering sun or shade at any time of day. The seventh guest villa is larger in design, suitable for on-site staff accommodation or for guest accommodation.

• 7 independent villas, with en-suite facilities
• Reception, office and storage space
• Fine dining restaurant with 40 in door guest capacity and more on terraces
• Circular out door (unheated) pool and sunbathing area with exceptional mountain views
• 6 treatment rooms with garden facing patio doors
• Large air-conditioned relaxation room
• Large Jacuzzi
• Steam and sauna rooms
• Gymnasium
• Yoga pavilion
• Large, underground domestic water storage depot
• Extensive landscaping
• Under the spa building, large storage and cellar facilities
• Independent and fully automatic Caterpillar Diesel generator set (125 KVA installed new in 2006
• Shared access to water well for irrigation water with another independent well (under construction) for domestic water supply
• Vaha Spa is a running business registered in North Cyprus

With a bit of restoration this property has huge opportunity.
Other options for this property would be part sale, lease rent, re-commissioning, etc.
For more information or to arrange a viewing please call Esta Real Estates.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Ercan (Domestic), 61.1 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
ESTA REAL ESTATES, Kyrenia

Karaoglanoglu Street, Kyrenia, North Cyprus
03339 391529  Local call rate
About ESTA REAL ESTATES, Kyrenia

The Esta Group was established back in 2008 and is now made up of 3 Distinct Companies working together to offer the best possible service to our customers. We are proud to be one of the prestigious registered Estate Agents here in North Cyprus.

As Cypriots and Expats living in beautiful North Cyprus our knowledge of each property and location is exceptional. We all live on this idyllic island and with living comes experience, experience we are happy to share with our clients.
Depending on your needs we will help you find the perfect retirement villa with exquisite mountain views and mesmerizing views of the Mediterranean sea; a family home close to the best schools, whether you require international schools or local Turkish schools. Perhaps you are looking for a centrally located apartment close to all the best amenities or the most exquisite plot of land which you can build your own dream home.

We work with you from the beginning of the process until the sale or purchase is complete and we are with you to ensure that no unexpected surprises or hurdles occur along the way. We only work with reputable builders and construction companies and we can advise you on the full sales process, planning issues as well as assisting you in ensuring you get your deeds successfully.

Life in the Mediterranean is very relaxed and the choice of restaurants is second to none, the food is fresh and the restaurants are of the highest quality. There are many 5 Star Hotels with many more planned and the 18 Hole Korineum Golf Club is a perfect place to play. The recently built Karpaz Gate Marina and Bay Resort are both of an exceptionally high International standard and the Karpaz Peninsula needs to be experienced to be believed. The economy is thriving with extensive investment from Turkey and the Banks now offer good rates of interest totally secured and guaranteed. Development is booming again and with the most attractive property prices in the Mediterranean, Northern Cyprus is quickly becoming a seriously wise investment and great place to live.

With Turkish, English, Russian and German speaking staff, you can be guaranteed that Esta’s international sales team is with you every step of the way. Priding ourselves on recommendations and referrals, customer satisfaction is at the foremost of our business ethics.

Trust Esta Real Estates to meet your expectations and desires when it comes to purchasing a property in our unique and wonderful Island, Northern Cyprus.

You can contact our specialists direct from the UK by phone or email, one of our experienced staff will be able to advise you on the planning of your trip and/or provide you with details of any of the properties you are interested in.


Disclaimer

This is a property advertisement provided and maintained by ESTA REAL ESTATES, Kyrenia (reference KB43176) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

ESTA REAL ESTATES, Kyrenia

Karaoglanoglu Street, Kyrenia, North Cyprus
or call 03339 391529
Calling from outside the UK? 00903924443782

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