A 4-star+ hotel in Ayia Napa is available for purchase. The hotel is off-plan, with planning permission already approved. The net land size is 9800 sq. meters, allowing for a spacious development. The hotel will consist of a ground floor and 4 additional floors, accommodating a total of 143 bedrooms. Each room will be 28 meters in size. There will also be a basement included in the design. The price of the land, including the plans and permits, is 12.5 million.
The total project cost is estimated at 26.5 million. The owner is open to selling the land, plans, and permits to investors who wish to construct the hotel themselves.
The construction timeline is expected to be 18 months.
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