Hotel and Residential Project With Ready Licensee

Pyla, Cyprus
For Sale

Hotel and Residential Project With Ready Licensee

Pyla, Cyprus

Description

This is an amazing project in the Area of Pyla near the new marina of Larnaca.

description:

Residential Tower

The residential tower consists 8, 2 bed apartments 110m2 , 8, 3 bed apartments of 135 m2 and 1, 3 bed penthouse of 170 m2.

The total area of the tower excluding , underground parking, common areas, roof top and verandas is 2130 m2

If you include lobbies (2), verandas and common areas the total are is in the range of 4300m2

 

Hotel

The hotel areas breakdown as follows:

Underground Parking 2150m2

Pool level floor 1700m2

Ground floor (lobby, restaurant, terraces) 1700m2

5 floors with rooms (95 rooms) 1000m2 each floor

 

Also it is worth to note that the swimming pool is 400m2 and the pool patio 530m2.

 

The total hotel area including only the main hotel building is 8400m2

Concerning the construction cost, its a bit difficult to make a safe estimate this point in time, due to the high and volatile material prices, I would assume a range of 17,000,000 +/- 5%

Cost of the Land + all licensee 11M euro.

 

Overview

  • Hotel, Investment, Project
  • Property Type
  • City Larnaca
  • Area Pyla

Details

Updated on August 29, 2022 at 5:12 pm
  • Property ID: C-71063
  • Property Type: Hotel, Investment, Project
  • Property Status: For Sale

Features

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Disclaimer

All and any information given in this site is approximate and for guidance only and should be independently verified and confirmed by those interested. There is no guarantee, warranty or representation of any kind regarding accuracy of any of this information.

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