3-Star Beach Tourist Village Hotel Investment Opportunity with Planning for Expansion Located in Ayia Napa, Famagusta
Ayia Napa is an established resort town on the Famagusta coast, recognised for its beaches, tourism infrastructure and extensive range of accommodation, dining and leisure facilities. Its established visitor market provides a strong setting for both existing hospitality operations and larger-scale redevelopment.
Status - Existing Hotel
CTO / Category - Tourist Village (Category A)
VAT - Unspecified
Property Features:
Hotel Category - 3-Star Beach Tourist Village (Category A)
Rooms - 136
One-Bedroom Apartments - 76
Studios - 60
Land Area - 34,637 m²
Planning Permit - Obtained for Conversion to 4-Star Hotel with 250 Rooms
Planning Zone - Capacity for up to 440 Hotel Rooms
Hotel Features:
Planning permission has been obtained to convert the property into a 4-star hotel with 250 rooms. The increased planning zone provides further capacity for the construction of up to 440 hotel rooms, creating substantial scope for a larger redevelopment strategy.
With 136 existing apartments and studios on a sizeable land holding, the property offers a combination of established tourist accommodation and significant planning-led expansion potential in Ayia Napa.