Commercial (Hotel) in City Area, Larnaca for Sale

Friendly and well-established hotel apartment complex with commercial shops, ideally located near the heart of Larnaca. The property is within walking distance to the town center, the renowned Palm Tree Promenade (Phinikoudes), and the Larnaca Marina. Larnaca International Airport is just a 10-minute drive away, while the town’s port lies only 600 meters from the property.

The hotel comprises 37 well-designed and spacious apartments, along with 17 retail shops, as follows:

• 3 Comfortable two-bedroom apartments
• 21 Spacious one-bedroom apartments
• 13 Cozy  spacious studios
• 17 Retail shops

Important Notes

• Valid planning permit allows the construction of an additional 22 rooms within the hotel plot
• In 2024 and 2025, the reception area, 3rd floor, and 4th floor underwent full renovation, modernizing the complex
• The sale involves 100% transfer of company shares, not subject to VAT or transfer fees.

Income source

• Hotel apartment rentals
• Monthly income from 17 commercial shop tenants