CY0252F

ECOTOURISM HOTEL - LIMASSOL

Business Type: Hotels & Hotel Apts
Location: District Village, Limassol, CYPRUS  
Type of Tenure: Freehold
Business Reference: CY0252F
Asking Price: € 1.300.000
Reason for Sale Other Business Interests
Accounts Available 2014
Years Established 5
Incorporated Business Limited Co
Car Parking 10
Part-time/Seasonal Employees 3
Internal Area 930m2
Full-time Employees 2

Description

1. FOR SALE AT THE ABOVE ASKING-PRICE : THE FREEHOLD PROPERTY AND  WELL ESTABLISHED BUSINESS

2. ANNUAL PROFIT: AT LEAST EURO 80.000

3. SELLER WILL PROVIDE EXTENSIVE SUPPORT FOR AS LONG AS NEEDED

4. PERFECT SMALL COUNTRY HOTEL TO BE MANAGED BY OWNER & FAMILY

 

Situated between Limassol and the Troodos mountains in a picturesque valley village 45 minutes from Limassol and Nicosia, 20 minutes from the peak of Troodos mountains

  • Comprises several old (listed) houses dating back from the 1880`s all renovated in the local tradition, while later additions executed in the same traditional style.
  • All rooms and common areas furnished in traditional Cyprus style, many of them with genuine antiques. All rooms with balconies or terrace access and beautiful valley and mountain views.
  • Tavern/Restaurant with capacity 45 (indoors) and 65 (indoor and outdoor). Outdoor pool, Indoor Jacuzzi and Sauna, large garden terrace. Conference/Functions Room for 40 persons
  • Handicraft rooms for traditional Cypriot arts & crafts: Loom workshop, Woodcarving & Icon-painting workshop, distillery workshop for local Zivania (white spirit). Traditional wood-fired, mud-brick oven
  • Full access for handicapped, including stair lift
  • Large plot 900 sq.m. across the road available for hotel expansion and/or construction of owners` house, etc.
  • Surrounding area great for nature lovers and mountain sports; popular with hikers, bird-watchers, cyclists, skiers in winter
  • Low running costs: for example, water is only Euro 100 annually, all food & drink supplies are available locally from the village (better quality - lower prices), village labour costs are lower plus two (2) non-EU employees allowed, building is listed and enjoys government grant for maintenance.
  • This unique hotel is the result of over 15 years effort by the owner and is a work of love and dedication. However, owner is a developer and not a hotel manager and wishes to move on to the next project.
  • This is a great opportunity for nature lovers who desire to own, live-in and manage their own small hotel in peaceful and beautiful rural surroundings - but not too far away from the bustle of cosmopolitan Limassol and the seaside.
  • The present business is offered for sale by DealMasters.  Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner. 
  • You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters. 
  • Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
  • We do not perform any due diligence on businesses for sale, business owners, or the information provided by them.  Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business