70+ Room Hotel For Sale On The West Coast of Cyprus

Location

West Coast of Cyprus with panoramic views of the Sea and local scenery.

Business Description

Each room is furnished to the highest possible standards with full air-conditioning and central heating for the winter months, en-suite bathroom, shaving sockets, hair dryers, room safes, LED flat screen TV with many English satellite channels, direct dial telephone and a private balcony offering incredible sea or town views.

Financial Summary

Over the last 3 years the hotel has a general operating profit of 50% (before owners administration and finance expenses)

Investment Rationale

Planning permission and government permits secured for up to a 50 room expansion and upgrade from a 3 to 4-Star hotel. Huge potential and growth opportunities.
Artist impression of expanded hotel (below):

Transaction Information

CEO willing to stay on and assist with smooth transaction / assist with expansion.