Commercial (Hotel) in Agia Napa, Famagusta for Sale

Discover an exceptional investment opportunity in the thriving commercial real estate market—a premium hotel property centrally located in the vibrant area of Ayia Napa, complete with approved planning permissions for redevelopment and expansion.

Investment Opportunity Highlights

• Prime Location: Centrally located in Ayia Napa, within walking distance of beaches, cafes, supermarkets, and other amenities.
• Approved Redevelopment Plans: Includes planning permissions for a modern 3-star hotel upgrade with enhanced facilities.

Current Property Details

• Plot Size: 6,850 sqm with approximately 6,600 sqm covered areas.
• 93 fully operational hotel apartments: 48 studios, 37 one-bedroom apartments, 8 two-bedroom apartments.
• Bar and restaurant
• Outdoor pool
• Tennis court
• Mini market
• 50 parking spaces.

Construction History:

• Phase 1: Completed in 1978
• Phase 2: Completed in 1991

Redevelopment Plans (Included with Sale)

Proposed Project:

• New 3-star hotel with 167 total rooms.
• Total covered area: 13,800 sqm.

Expanded Amenities:

• Food and beverage facilities
• Indoor and outdoor pools
• Wellness and spa center
• Gym facilities
• Ballroom for weddings and events
• Mini market
• 70 parking spaces