Description
An established hospitality asset offering scale, functionality, and strong repositioning potential. Originally built in 1965 and fully refurbished in 2005, the property extends to approximately 813 m² of enclosed areas, complemented by 128 m² of ancillary spaces and additional uncovered areas, allowing flexibility for operational use and guest amenities. Arranged over five floors, the building comprises 28 en-suite bedrooms and 4 extra bedrooms with no bathroom. The layout and size support consistent tourist accommodation, while the existing structure provides a solid base for refurbishment, upgrade, or brand repositioning. The property is in good overall condition and benefits from ground floor access, enhancing day-to-day operations. This is a compelling opportunity for investors seeking a value-add hospitality asset with clear potential to enhance performance through strategic upgrades or repositioning.
Location
- Country:
- Cyprus
- City:
- Limassol
- District:
- Limassol Center
- Street:
- -
- Zip:
- -
Property Details
- Electric Appliance
- Fully Equipped
- Size Internal Sqm
- 813 m²
- Size Total Sqm
- 1,006 m²
- Parking
- Surface
Property Features
- Air Condition
- Heating
- Uncovered Parking
- Storage
- Utility Room
- Lift
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