Property Description
An established 3-star hotel for sale in the Paphos region of Cyprus, offering investors and hospitality operators a fully licensed, ready-to-operate asset in one of the island's most popular tourist destinations. The hotel lies within walking distance of the sea, yet sits in a quieter setting away from the busy beachfront, a combination that appeals to guests looking for both convenience and calm.
The property offers approximately 50 guest rooms and all the core facilities needed for continued operation: a reception area, swimming pools, bars, a restaurant and parking. Guests can spend the day by the pool, dine on site and reach the coast on foot, which makes the hotel well suited to holiday, family and short-break travellers.
The hotel comes with full title deeds and a valid Cyprus Tourism Organisation (CTO) hotel licence, allowing a new owner to continue trading without the time and cost of building and licensing a hotel from scratch. It may suit an operator expanding its portfolio, a hospitality group entering the Cyprus market, or an investor seeking an income-producing tourism asset with potential for repositioning or upgrading.
Hotel properties rarely come to market in Paphos, which makes this a notable opportunity to acquire a licensed hospitality business in a sought-after coastal location.
Price: €3,500,000.
Financial details, the exact location and further information are available to qualified buyers upon request.