LOCATION LOCATION LOCATION - Fantastic Opportunity to Purchase a Boutique Hotel in Catalkoy 

Satar Emlak is pleased to offer for sale, this unique commercial property.

They say it is all about location, location, location, and that's exactly what this amazing property in Catalkoy is all about.

Background and History:-

Completed in 2016, this thriving family run business provides accommodation both on a long term and short term basis, plus a thriving 'pool club and bar' with its own private pool attracting both locals and tourists. This business will be sold as a 'going concern' already with an ongoing and growing business.

Property Description:-

Currently configured as 21 separate apartments (11 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 PLUS a basement covering an additional 1,100 square meters which originally was planned as a multi purpose project to include a restaurant, bar and shops.

Apartments currently are renting for between 200 GBP and 250 GBP.

Large off road car park, 75 square meter private pool, 'going concern' 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, Bellapaise Abbey, 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
Local hotels - The Malpas, Acapulco and Elexsus - within 10 minutes
Local Final University - 10 minutes

This property comes with available Title Deeds 

For further details please contact Gill 0n 0548 826 46 82 or via Whats App