Hotel in agios andreas, nicosia
An excellent hospitality investment opportunity, this well-maintained renovated three-storey hotel is strategically located in the heart of Agios Andreas, Nicosia, within close proximity to the city's commercial, business, and cultural attractions.
The property offers a total covered area of approximately 2,453 sq.m. and comprises:
🏨 Ground Floor: Reception area, restaurant, bar, guest WCs, and spacious common areas.
🛏️ First to Third Floors: A total of 46 guest rooms, including:
⭐ 2 Suites
🛌 30 Superior/Standard Rooms
💼 16 Executive Rooms
The hotel is in good overall condition, offering a solid foundation for continued operation or repositioning within the hospitality market.
Investment Highlights:
📍 Prime central location in Agios Antonios, Nicosia.
📐 Total covered area: 2,453 sq.m.
✅ Well-maintained property in good overall condition.
🔑 Strong investment security with good marketability.
💰 Gross Operating Profit (GOP): approximately €250,000 per annum.
📈 Excellent opportunity for investors seeking a well-established, income-producing hospitality asset.
This property represents an exceptional opportunity to acquire a prominent hotel in one of Nicosia's most established commercial and business districts, with significant potential for long-term value and attractive returns.
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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