Description:
An exceptional real estate opportunity to acquire a classic multi-level 18 Room Boutique Hotel property located in Kato Platres (Cyprus' most prestigious and high-demand alpine resort). Surrounded by thick pine forests and commanding elevated mountain views, this distinctive estate represents a premium canvas for a visionary developer or hospitality operator looking to capitalize on the massive luxury resurgence in Platres region.
Offered explicitly as a Renovation Project with both Sale and Long Term Lease options open, this property is structurally complete and ideally configured for transformation into a High-End Alpine Health Spa, an exclusive eco-boutique resort, or a premium wellness retreat.
Key Visual & Architectural Highlights:
• Main Hotel Building: Multi-level structure featuring traditional Alpine design accents, brick/stone finishes, and private room balconies overlooking the valley.
• Detached Restaurant/Bar: A separate, single-story commercial kitchen and dining hall structure right on site, perfect for independent catering, weddings, or cafeteria.
• Pool Complex: Private Outdoor Swimming Pool area complete with a surrounding lounge sun-deck, offering an intimate mountain oasis for guests.
• Parking: Dedicated upper-level private parking bay with easy access via the main municipal road loop.
Features:
• Condition: Requires full internal and external renovation/remodelling.
• Potential Capacity: Ideal for 18 - 20 high-end boutique suites (available building density for another 1,500 sqm development)
• Surroundings: Utterly private, bordered by mature trees, yet minutes away from top hiking trails, the Caledonia waterfalls, and town infrastructure.
Commercial Options & Flexible Terms:
• Option A (For Sale): €1,500,000
• Option B (Long-Term Rent/Lease): €6,900 per month. An initial rent-free period or a discounted step-up rental agreement is available to fully accommodate the construction and renovation timeline.
Full property deeds, architectural footprint details, and structural access are available upon request.
