Hotel for sale

For Sale / EUR 1.200.000
+357 25812084

Reduced from EUR 2.300.000
Property ID:
#10387
18
2
134
Town:
Limassol
District:
Limassol
Covered Area:
955 m2
Plot Size:
901 m2
Bedrooms:
15
Bathrooms:
15
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DESCRIPTION
A Freehold Agrotourism hotel and taverna for sale, with full restaurant facilities, 15 bedrooms (all en-suite), swimming pool, Jacuzzi, sauna, inside & outside bar areas and even conference room. Covered area of 955m2 on a plot of 901. Parking for 15 cars and terrace of 135m2. Situated between Limassol and the Troodos mountains in a picturesque valley village
• 45 minutes from Limassol and Nicosia, 20 minutes from the peak of Troodos mountains
• Comprises several old (listed) houses dating back from the 1880's all renovated with respect to the local tradition and latest additions executed in the same traditional style.
• All rooms and common areas furnished in traditional Cyprus style, many of them with genuine antiques
• Rooms in three levels, all with balconies or terrace access and all with beautiful valley and mountain views.
• Tavern/Restaurant with capacity 45 (indoors) and 65 (indoor and outdoor)
• Outdoor pool, Indoor Jacuzzi and Sauna, large garden terrace
• Conference/Functions Room for 40 persons
• Three workshops for traditional Cypriot arts & crafts: Loom workshop, Woodcarving & Icon-painting workshop, Distillery workshop for local Zivania (white spirit)
• Plus traditional wood-fired, mud-brick oven
• Full access for handicapped, including stair lifts
• Large plot 900 sq.m. across the road available for hotel expansion and/or construction of owners' house, etc.
• Surrounding area great for nature lovers and mountain sports; in winter the ski slopes of Troodos mountain are only 20 mins drive.
This unique hotel is the result of over 15 years effort by the owner and is a work of love and dedication. However, owner is a developer and not a hotel manager and wishes to move on to the next project.
Hotel has low running costs: for example, water is only Euro 100 annually, all food & drink supplies are available locally from the village (better quality - lower prices), village labour costs are lower plus two (2) non-EU employees allowed, building is listed and enjoys government grant for maintenance.
This is a great opportunity for nature lovers who desire to own, live-in and manage their own small hotel in peaceful and beautiful rural surroundings - but not too far away from the hustle of cosmopolitan Limassol and the seaside.
MAIN PROPERTY FEATURES
Fully Furnished  
Mountain View  
Private Parking  
Title Deeds