Historic Property with Boutique Hotel Conversion Permit near Finikoudes, Larnaca (6994)

Price: 1.250.000
Type: Listed Property with Hotel Conversion Permit
Location: Near Finikoudes Beach, Larnaca

Property Details:
Estimated Enclosed Area: 610 m²
Rooms: 270 m²
Restaurant and Spa: 100 m²
Other Areas: 240 m²
Plot Size: 334 m²

Key Features:

Prime Location: Just steps away from Finikoudes Beach, offering a blend of sea views and vibrant city life.
Conversion Potential: Permit in place for conversion into a 12-room boutique hotel with food and beverage (F&B) facilities.
Commercial Appeal: F&B facilities will be available to non-residents, enhancing revenue potential.

Location Advantages:

Partial Sea-View: Enjoys a part sea-view, enhancing the property's appeal.

Proximity to Attractions:

Less than 50 meters to the beach and Finikoudes.
Adjacent to other hotels and F&B establishments, benefiting from concentration economies.
Located in Laiki Gitonia, a vibrant area with foot traffic from morning to late night.
Close to the Old Market of Larnaca, currently under development and regeneration.
Near multi-story parking facilities, ensuring convenience for guests.

Development Potential:

Boutique Hotel: Ideal for a 12-room boutique hotel with F&B facilities, leveraging the high foot traffic and prime location.
Other Uses: Suitable for various commercial uses given the strategic location.

Local Highlights:

Historical Significance: Larnaca, one of the oldest continuously inhabited cities, offers rich historical sites and cultural heritage.
Scenic and Convenient: Picturesque coastline, marina, and Palm Tree Promenade. Close to some of Cyprus's most appealing beaches.

Central Position: Easy access to major cities in Cyprus:
Nicosia (Capital): Less than 60 km
Limassol: Approximately 65 km
Paphos: Approximately 120 km

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