Famagusta, Protaras, Cyprus
- PROPERTY TYPE
Hotel
- BEDROOMS
132
- SIZE
96,175 sq ft
8,935 sq m
Key features
- Near public transport
- Rental Potential
- Panoramic view
- Walking distance to beach
- Near amenities
Description
Explore an enticing investment opportunity nestled between the renowned Protaras area, the emerging Luxury Marina, and the amazing coastal promenade.
This property features an 86-room hotel and three blocks housing 46 apartments within the highly coveted Pernera resort. While this venture holds immense potential, it does require a renovation that is estimated to cost over 2 million.
Key Features:
Hotel Main Building:
Lower Floor: Pool-level amenities including a restaurant, dining area, gym, kitchen, toilets, sauna, changing rooms, storage rooms, and staff areas.
Ground Floor: Reception area, storage, offices, shops, and a bar.
Three upper floors: 86 hotel rooms.
Total internal area: 5,822 sqm.
Apartment Blocks:
Block 1: The ground floor features a reception, lobby area, and restaurant, while the 1st and 2nd floors consist of a total of 7 apartments.
Block 2: Comprises 17 apartments.
Block 3: Consists of 22 apartments.
Total internal area for apartments: 2,993 sqm.
Separate Building:
120 sqm building utilized as offices and storage space.
External Amenities:
Landscaped gardens.
Swimming pools.
Tennis court.
Basketball court.
Ample parking spaces.
Location Highlights:
Walking distance to blue flag Protaras' and Pernera sandy beaches.
Short drive to the famous Ayia Napa, Cape Greco Nature Reserve and various Theme parks.
Convenient access to numerous amenities such as restaurants, bars, supermarkets and shops.
Just a few minutes to the highway and international airport of Larnaca
Seize the opportunity to revitalize this property by capitalizing on its strategic location, which consistently attracts both local and foreign investments.
Famagusta, Protaras, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Larnaka(International)26.0 miles
- Ercan(Local)32.3 miles
- Pafos(International)91.3 miles
Advice on buying Cypriot property
Learn everything you need to know to successfully find and buy a property in Cyprus.
About the agent
Purple International Real Estate , Cyprus, Famagusta
284 Protara Cavo Greko Avenue ,Paralimni, 5295 Cyprus
. A. Purple Real Estate is a Registered and Licensed Real Estate Agency, Reg No. 1052, License No. 512/E.
We opened for business in September 2007.
Over the years the property market has seen many changes and we are proud to have remained one of the few agents that physically cover all of the Island with offices in Famagusta, Larnaca, Paphos - Limassol.
We have established ourselves as one of the five biggest agents in Cyprus but have never lost sight of the importance of cu
Notes
This is a property advertisement provided and maintained by Purple International Real Estate , Cyprus, Famagusta (reference 13566) 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.