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Hotel Franchise on Blue Flag Sandy Beach

Country: Cyprus Cyprus
City: Larnaca
Location: Beach
Category: 5 stars
Hotel type: Family Hotel
Transaction Type: 100% Asset Sale
Target Areas: Worldwide

Hospitality Review / Short Description:

Located directly on a spectacular award-winning Blue Flag sandy beach in the heart of the tourist area of Larnaca and a few kilometres outside the fascinating and cosmopolitan city centre, the fully refurbished, luxurious resort is the perfect place for a memorable family vacation or the ultimate couple’s getaway. The hotel's prime location offers easy access to the highway making it ideal to explore the entire island.

The Hotel, previously branded as Princess Hotel, was operating for the past 30 years and for the last 5 years was operating at an average 92% occupancy through the year.

202 newly built and fully refurbished rooms including standard rooms, superior rooms, junior suites, pool garden rooms and garden view rooms all modern, elegantly designed combining comfort with mesmerizing views guaranteeing a wonderful night’s sleep.

Hotel Details

Renovated last: 2020
Bedrooms: 202
Description other rooms:

standard rooms, superior rooms, junior suites, pool garden rooms, garden view rooms

Total rooms: 202
No of Total Rooms available/year: 73.730

Financials

Asking Price: EUR 10.000.000
Price Per Room: EUR 49.505
Hotel Franchise on Blue Flag Sandy Beach
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