Four-Star 22 Room Hotel in Kyrenia, Northern Cyprus For Sale

Location: Catalkoy, East of Kyrenia, Northern Cyprus 

Names: TBA

No. of Keys: 22 rooms – 67 beds

The Property: The area is 6,700 sqm and is laid out as bungalow-style rooms around the pool, among gardens. The standard rooms are 37 sqm, including a balcony. The family rooms are 74 sqm with a living room and two bedrooms. All rooms are en-suite, air-conditioned, with satellite TV and mini-bar.

There is one outdoor pool, 300 sqm and a children’s pool of 8 sqm. Open restaurant, lobby bar, garden and car-park.

The hotel is 20 minutes from Ercan Airport, 60 minutes from Larnaca Airport and 8 KM from Kyrenia city-centre.

Main Photo: The pool at the hotel

Tenure: Freehold

Brand/Management: Free of both

Current Owner: Private company

Financials: Full data available upon signing of NDA/LOI

Agent: Boltas Commercial in partnership with THPT

Guide Price: £900,000

Guide Price per Key: £40,909

Date Posted: October 2019

THPT Comment: Great price for this holiday hotel in Kyrenia, which frankly need a soft refurb.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

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MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.