10 + Bedrooms Hotel in Agios Tychonas, Limassol

Description

Hotel Apartments for Sale – Agios Tychonas, Limassol An excellent investment opportunity in one of Limassol’s most sought-after tourist areas, just moments from the renowned Four Seasons Hotel. This established hotel apartment complex is set on a 1,465 m² plot and comprises: Three residential floors – 312.5 m² covered each 11 one-bedroom apartments 3 studios 3 two-bedroom apartments Total capacity: 40 beds Ground Floor (312.5 m² covered):Reception area, lobby, and bar. Basement (312.5 m² covered):Staff rooms and a club/entertainment area. Outdoor Areas:Swimming pool (5m x 15m) with pool bar and surrounding leisure space. Built in 1985 by the owners, the hotel has been continuously operating and benefits from a prime location within the Limassol tourist zone. While fully functional, the property would greatly benefit from renovation, offering significant potential to upgrade, reposition, and increase its value and returns.   Ideal for investors seeking a well-located hospitality asset with strong redevelopment and income potential in Agios Tychonas.