Royiatiko hotel and 3 plots in Nicosia Old Town
The property consists of a two-star hotel and three adjacent plots in Nicosia Old Town (Tampakchane quarter). The plots concern two commercial plots and one residential. They have a total land area of 717sqm and are located 150m from Eleftheria’s Square and 70m from Solomou Square. The three plots can be used as parking lots for the hotel. The hotel is known as “Royiatiko” and is located in Trypiotis area. It is situated on the corner of Apollonos Street within the walled city of Nicosia, 60m from Ledras Street. The location of the property is one of the most tourist areas of Cyprus which consists of restaurants, shops, and hotels. The hotel has good external appearance, physical condition, and maintenance. It has a land area of 777sqm. It has a total capacity of 33 rooms and consists of 4 floors (a ground floor and 3 floors above), plus 2 basement levels. The hotel has an internal covered area of 1,340sqm, 92sqm of covered verandas, 1,243sqm of basements and 100sqm of bar situated in its southern part. The ground floor consists of the reception area, a sitting area, 2 office rooms, a restaurant with a bar, and a kitchen. The 33 rooms are situated on the floors above. On each floor, there is a special room for persons with disabilities. The outdoor areas consist of a guest dining area, a swimming pool, outdoor showers, a bar, and a storage area. Also, there is a separate bar which consists of a single dining area with a bar, guest and staff toilets and a storage room. Basement level 1 consists of a gym, toilets, changing rooms, storage rooms, office, E.A.C. substation, and staff room. Basement level 2 consists of 20 covered parking spaces and a storage room. The hotel falls within the planning zone EZ-EN. The plot with parcel number 96 falls within the residential zone KΑ-Α. The plot with parcel number 163 falls within the commercial zone EZ-EN. The plot with parcel number 94 falls within the residential zone KΑ-Α (30%) and within the commercial zone EZ-EN (70%). Owner of the Hotel: Heritako Limited (Gordian SPV) Owner of the plots: Afosinio Limited (Gordian SPV)
Available from:2024-07-09
Offered at: 3,520,000
Type: Space
Platform's Role: Realty platform functions as a marketing and data hosting platform only. We are not engaged in real estate services, nor in real estate transactions and do not represent buyers, sellers, or properties directly, unless stated otherwise. Information Source: Listings are supplied by property owners, authorized representatives, or third-party entities that are ‘listing users’. While the platform endeavors to host genuine listings, Realty platform doesn't conduct independent verification of each property. ‘Users’ and ‘listing users’ are expected to adhere to applicable laws’ provisions, including any prohibitions. Misrepresentation or false advertising of properties is strictly prohibited. User Interaction: Communication between users or their representatives occurs directly and is outside the purview of our platform's responsibilities. GDPR Compliance: We respect and protect any user data in line with the General Data Protection Regulation (GDPR). User's personal details, when collected, are processed with user’s consent when applicable. Photos and Descriptions: Images may be digitally enhanced or virtually staged. They may not always reflect the actual state of the property. The platform is not liable for discrepancies between images and actual property conditions. No General Advise, No Advise to Engage, No Financial Advice, No Legal Advice: Realty platform offers listing and search services, no advice is provided. Users should seek professional advice before making decisions. User Feedback & Listing User’s Verification: While we collect feedback from users regarding their experience and cooperate primarily with listing users, Realty platform is not accountable for the actions or misrepresentations of users, listings users or other third parties. No Warranties and No Guarantees: Realty platform disclaims warranties concerning the accuracy, completeness, or reliability of listings. Properties' availability is subject to change, and we are not liable for any discrepancies.