Commercial for Sale in Protaras

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€8,700,000 EUR

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Ref 2075403 | Protaras, Famagusta | Commercial

Currency services provided by Excel Currencies 8,700,000 EUR  |  Approx.£7,491,570 GBP  |  Approx. US$9,310,740 USD
Protaras, Protaras, Famagusta
  • Type: Commercial
  • Location: Protaras
  • Province: Famagusta
  • Country: Cyprus
  • Bedrooms: 99
  • Bathrooms: 99

A Hotel Apartment complex situated on the outskirts of Protaras in a peaceful tranquil environment with panoramic sea views, right next to the beach and amenities.The location is adding a huge value being attached to a huge governmental plot and right by the most clear and private swimming spots of Cyprus with some high luxury developments in the surroundings!Active oriented visitors can enjoy numerous natural paths and the most amazing sandy bay of the island just a 15-20 minute walk away!Protaras town centre is 2 km from the hotel and 40 min from Larnaca International airport.The complex comprises 99 apartments (55 one-bedroom and 44 studios).Hotel Characteristics:99 ApartmentsOutdoor Swimming PoolSun Terraces with sun loungers and parasolsBuffet Restaurant serving local and international cuisinePool Snack Bar300 meters from the sandy beachChildrens PlaygroundIn accordance to the recent government legislation the hotel apartment is in the process of being upgraded to a 3 star hotel with 180 double rooms with an application to the Planning Department already submitted.A truly unique investment opportunity in a highly desirable location!

Towns located close to Protaras, Cyprus

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