Reference #LAC11057

Building for sale on St. Lazarus square

€ 1,250,000

Property Overview

Property Details

Overview

  • Updated On:
  • December 28, 2023
  • Bedrooms
    0
  • Bathrooms
    0
  • Internal Area
  • property_lot_size
  • Plot Size
    375 m2

Property Description

Description

An existing ancient monument with a permit to be converted into a 16-room boutique hotel with F&B and Spa facilities is available for sale on St. Lazarus square, Larnaca.

Estimated enclosed area: 716 sq.m

-Rooms: 337 sq.m

-Restaurant and Spa: 171 sq. m

-Other 208 sq.m

The key location fundamentals are:

-Prominent position across one of the most iconic and ancient churches of Cyprus. Most of the tourists that come to Cyprus tend to visit the church.

-Noticeable position of the building which enjoys frontage and exposure being on St. Lazarus square.

-Only 150m away from the famous Palm Tree Promenade and the beach.

-Approximately 200m away from the old Market of Larnaca which is currently developed and regenerated.

-Near multi-story parking.

-Near the New Larnaca tennis club.

The building is suitable for other uses as well i.e. offices, etc.

Larnaka is one of the oldest continuously inhabited cities in the world and has plenty of historical sightseeing to offer, with its picturesque coastline, marina and Palm Tree Promenade.  It also boasts many of the most appealing beaches in Cyprus.  Its central location means that all popular areas of Cyprus are within easy reach:  Nicosia, the country’s capital, is less than 60km away and Limassol and Paphos are approx 65km and 120km distance respectively.

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