Royiatiko Hotel and 3 plots in Nicosia Old Town - HomeGate Real Estate
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Royiatiko Hotel and 3 plots in Nicosia Old Town

€ 3,520,000
36 Neofytou Rodinou, ,
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Property ID: 8745

Description

The property consists of a two-star hotel and three adjacent plots in Nicosia Old Town (Tampakchane quarter). The plots concern two commercial plots and one residential. They have a total land area of 717sqm and are located 150m from Eleftheria’s Square and 70m from Solomou Square. The three plots can be used as parking lots for the hotel.

The hotel is known as “Royiatiko” and is located in Trypiotis area. It is situated on the corner of Apollonos Street within the walled city of Nicosia, 60m from Ledras Street. The location of the property is one of the most tourist areas of Cyprus which consists of restaurants, shops, and hotels. The hotel has good external appearance, physical condition, and maintenance.

It has a land area of 777sqm. It has a total capacity of 33 rooms and consists of 4 floors (a ground floor and 3 floors above), plus 2 basement levels.
The hotel has an internal covered area of 1,340sqm, 92sqm of covered verandas, 1,243sqm of basements and 100sqm of bar situated in its southern part.

The ground floor consists of the reception area, a sitting area, 2 office rooms, a restaurant with a bar, and a kitchen. The 33 rooms are situated on the floors above. On each floor, there is a special room for persons with disabilities.

The outdoor areas consist of a guest dining area, a swimming pool, outdoor showers, a bar, and a storage area. Also, there is a separate bar which consists of a single dining area with a bar, guest and staff toilets and a storage room.

Basement level 1 consists of a gym, toilets, changing rooms, storage rooms, office, E.A.C. substation, and staff room. Basement level 2 consists of 20 covered parking spaces and a storage room.

The hotel falls within the planning zone EZ-EN.
The plot with parcel number 96 falls within the residential zone KΑ-Α.
The plot with parcel number 163 falls within the commercial zone EZ-EN.
The plot with parcel number 94 falls within the residential zone KΑ-Α (30%) and within the commercial zone EZ-EN (70%).

Owner of the Hotel: Heritako Limited (Gordian SPV)
Owner of the plots: Afosinio Limited (Gordian SPV)

Offer Submission Deadline: Monday 29 July 2024 at 17:00pm

Contact us for more details.

Property Details

Property Id : 52073
Price: € 3,520,000
Property Size: 1,494 m2
Property Lot Size: 1,340 m2
Energy index: N/A kWh/m²a
Property ID: 8745
Developer: GoGordian

Property Location

City:
Country: Cyprus

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