Exclusive Boutique Hotel with excellent ROI in Larnaca

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Larnaca
Astons
Astons
Astons
Astons
Astons

This property qualifies for Cyprus citizenship by investment

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Price

$14,227,191

Property type
Hotel Resort
Processing time
6 months
Area
TBC
Construction status
Under Construction
Opening time
under construction

A boutique hotel in a superb location with a strong tourist demand and an excellent return on investment.

 

This development offers the attraction of driving high investment returns by providing exclusive guest experiences, as well as offering investors a secure EU Citizenship route. 

More information and photos are available on request.

 

 

This is a rare opportunity to acquire a unique boutique hotel combining authentic local experiences, modern design and outstanding service levels. Investors gain the personal service and security available only at the finest international hotel groups. The 4-storey building combines 40 guest rooms as well as 4 single suits, including an exquisite reception and lobby area with outstanding outdoor facilities.

 

The hotel development is located close to the city centre, in an area with a rich history. The location is also conveniently close to the largest airport in Cyprus. Its charming location is within walking distance of both the beach and shopping district. Built from two older houses, the hotel is a graceful and sympathetic development with an appreciation of the old and the new, combining to form an elegant contemporary structure whilst retaining the appeal of the original footprint. 

 

Project Description: 

 

  • 4-storey building 
  • Well preserved property
  • Sympathetic blend of the old and the new
  • 40 guest rooms including 4 single suites

 

Project features: 

 

  • Exquisite reception and lobby area 
  • Breakfast & buffet area 
  • Multipurpose meeting & conference room 
  • Fully equipped gym 
  • Central outdoor courtyard 
  • Exclusive outdoor bar & rooftop pool – unique to this boutique hotel 

 

Location: 

 

  • The development is a few steps away from St Lazarus Square and most rooms enjoy magnificent views of St Lazarus Church, the old city and the sea beyond. 
  • In recent years the square and the surrounding areas have seen an impressive aesthetic upgrade thanks to the contribution and cooperation between Larnaca Municipality, the CTO, Concept Cyprus and of course local businesses. 
  • Close to the new Larnaca Tennis club that will complete in 2020. 

 

Larnaca has grown into a hub of leisure and business in the popular European leisure destination of Cyprus. This makes the city a prime location for hotel development, with a unique opportunity for the new owners to acquire a business of tremendous potential. 

 

Discover the Cyprus Citizenship by Investment Program.

  • Icons uk passport
    Citizenship in 6 months
  • Icons high quality service 2
    Gym and outdoor facilities
  • Icons property
    40 guest rooms & 4 single suits
  • Icons high quality service 1
    Premier property development in Larnaca
  • Icons one visit
    High tourism demand
  • Icons investment2
    High ROI potential
  • Icons cyprus  valid for life
    Great location of Larnaca
  • Icons high quality lifestyle
    Exclusive boutique hotel project

Cyprus Citizenship by Real Estate Investment:

  • Passport in 180 days from application submission
  • Live, work and study anywhere in the EU
  • Minimum Investment period – 5 years
  • Visa-free travel to over 170 countries worldwide
  • Simple process with no residency required
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