LOCATION LOCATION LOCATION - Fantastic Opportunity to Purchase a Boutique Hotel, Students Residence or Apartment Block in the heart of Catalkoy Village Kyrenia.
Landmark is pleased to offer for sale, this unique and very flexible commercial property.
They say it is all about location, location, location, and that's exactly what this amazing property in Catalkoy is all about.
To note:- Any property along the main road into Kyrenia, sells at a premium rate so this property is being marketed at a really good price.
Background and History:-
Completed in 2016, this previously thriving family run business provided accommodation both on a long term and short term basis, plus it had a thriving 'pool club and bar' with its own private pool attracting both locals and tourists.
Property Description:-
Currently configured as 21 separate apartments (10 x studio apartments, 10 x 1 + 1 duplex apartments - all with their own individual bathrooms and kitchens), plus building approval which has already been obtained for a further 6 apartments (making a total of 27) covering an additional 160 square meters. There is also an office measuring 4m2 which leads to the two floor basement area.
The basement covers an additional 1,100 square meters which originally was planned as a multi purpose project to include a restaurant, bar and shops.PLUS a further floor below the basement which originally was purpose built with a swimming pool.
Large off road car park, 75 square meter private pool, previously a very much a thriving bar business.
There is scope to build a 4th floor with the appropriate approvals.
Location Features:-
Set on the busy main road going into Kyrenia City Centre where you can find many local tourist attractions (Kyrenia antique harbour, the Castle, Bellapaise Abbey, Kyrenia Centre with its typically Cypriot streets, award winning bars and restaurants all within 15 minutes away, and easily accessible via public transport).
PLUS there are also some lovely sea and mountain views.
Many Local beaches - 5 to 10 minutes away including 2 popular beach clubs - Shayna and Chamada.
Local hotels - Acapulco, Elexsus, MC Palace and Chamada - all within 10 minutes drive away
Local Final University - 10 minutes
About the Property:-
Exchange Title in the owners name, VAT & Taxes paid
Price is negotiable
For further details please contact Gill Radcliffe on : 0548 826 46 82, Whats App quoting Property Reference GR1840
Distances are shown approximately.
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