Hotel for sale in Pedoulas, Nicosia, Cyprus by 1st class homes: 10 bedrooms, 5839m2 No. 32319

Property description

The hotel is set in a secluded, lush and tranquil pine forest 3 km from Prodromos and Pedhoulas at an altitude of 1300m above sea level and 10 minutes from the Mount Olympus ski slopes. Formerly the hotel operated as a three-star hotel.

Plot area: 5839 sq.m.

Main building (2,454m2)

50 guest bedrooms, Lounge, Bar, Card Room, TV room, Restaurant, Kitchen, Gym, Storage areas, plant room.

Ancillary Buildings (124m2)

An electricity sub-station

Grounds and gardens

Orchard, gardens, terrace, pool area

Possible Uses

Boutique hotel
Spa resort
Rehabilitation centre
Apartment units
Single accommodation unit

Road Access: Main road to the driveway
Electricity supply: Phase / standby generator recommended for emergency use
Water supply: Connected to community water supply system ;3 days reserve supply tank by gravity
Wastewater: Wastewater treatment plant will be required
LPG / Diesel: Not Available / Delivered on request / LP Gas and Fuel Oil / Storage for 7 - 14 days
Distance: Limassol: 60km (1:15hrs) Nicosia: 79km (1:20hrs)
Building’s Current condition
Structural: Very good
Electrical: Requires full refurbishment
Mechanical: Requires moderate refurbishment.
·         Replacement of boiler / heating system required
·         Plumbing minor refurbishment
Decoration:       Moderate – Major Refurbishment
Finishes:             Full renovation required
Management

·         The Group’s Hotel Management Company offers a full property and hospitality management package for the management and operation of the property as a hotel or similar venture for an appropriate fee to be agreed.

10 bedrooms Hotel in Pedoulas, Nicosia, Cyprus No. 32319

Property description