Investment Property in Protaras

#PGPR4SHOTSLV

€ 50,000,000

Famagusta, Protaras

Overview

  • Bed Rooms 180
  • Plot 14000
  • No

4-Star Beachfront Hotel Investment Opportunity with Planning Permit for Expansion Located in Protaras, Famagusta

Protaras is a popular east-coast resort town in Cyprus, recognised for its sandy beaches, clear waters and established tourism infrastructure. Its coastal setting and concentration of hotels, restaurants and leisure facilities make it a prominent destination within the Famagusta tourism area.

Status - Existing Hotel
VAT - Unspecified

Property Features:
Hotel Category - 4-Star
Rooms - 180+
Land Area - 14,000 m²
Beachfront - Yes
Planning Permit - Obtained for 70 Additional Rooms

Hotel Features:
A planning permit is already in place for 70 additional hotel rooms, providing a defined route for increasing the existing accommodation capacity. The 14,000 m² land holding supports the established hotel operation and permitted expansion.

The property combines an established beachfront hotel operation with approved expansion potential, offering an opportunity to increase room capacity within one of Cyprus' recognised east-coast resort destinations.