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£4,333,759

€5,000,000 (€412.54/sq. ft)

Hotel for sale

Paphos (City), Paphos, Cyprus
12,120 sq. ft

£4,333,759

(€412.54/sq. ft)

€5,000,000

Hotel for sale
Paphos (City), Paphos, Cyprus

    • 12,120 sq. ft

About this property

  • Terrace

  • On street/residents parking

  • Waterfront

Registered Hotel in Paphos.

The well known “New Olympus Hotel” is situated in Vyronas Street in the centre of Paphos. Within a short walking distance, you will find the archaeological museum, the Town Hall, and the services of the social insurances, the municipality and the Agios Theodoros church. Situated within close proximity to the American University of Beirut, and tepak, it gives an opportunity for student residences. Its elevated position offers unobstructed sea views of Kato Paphos all the way to the sea, with amazing sunsets.

• Total plot area: 2095m²
• Belongs to Zone ka7, building density (0.8) = 1.676m²
• Covered area(0.45) = 942,72m²
• 2 floors with a height of 10m.

The building has a total area of 1046m² and 80m² of covered verandas

It allows room for secondary development on the same plot, in front of the existing building, keeping the right of way or the option to sell / transferring the remaining structural unit

Building Facts:
• Basement: 43m²
• Ground Floor: 365m²
• Staircase: 11m²
• Elevator: 2m²

• First Floor: 308m²
• Staircase: 9m²
• Elevator: 2m²
• Covered vernandas: 40m²

• Second Floor: 308m²
• Staircase: 9m²
• Elevator: 2m²
• Covered vernandas: 40m²

Cyprus registered and licenced real estate agency (Reg.No: 761 / Lic.No: 399/E)

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