Location: Guzelyurt | Type: Boutique Hotel | Status: For Sale | Area: 850 m2 | Bedrooms: 21
Price: £750.000
Description:
Located in the unspoiled town of Lefke in the Guzelyurt region of North Cyprus is this charming boutique hotel. The hotel originally built in 1923 on the Turkish titled land, the main building has a courtyard and swimming pool takes you back to the period of calm and simplicity. At full capacity, the hotel can accommodate 47 guests throughout 21 rooms, (21 bathrooms) all of which have Ensuit shower rooms, mini bar, and air-conditioning and In the main entrance, you are greeted at the reception. The hotel itself has a good rich history of the island. Being a host of a popular restaurant, the hotel is hot-spot throughout all season guests enjoy Lefke natural greeny environment and mobile safaris. In the summer season, a lot of tourists flock Guzelyurt an unspoiled countryside town in the center of the citrus area. It is a very beautiful and peaceful vicinity.
There is a bar and restaurant with a fully equipped kitchen and all the original stone and tiled floors, doors and wooden beams. As the only hotel in the area, this little gem is a steal at the price and has a massive potential to be the most popular tourist spot in Lefke.
Specification:
• 21 rooms
• Inc- 2 X 4 bed
• Inc- 2 X 3 bed
• 17 x 2 bed, Either x 2 single or X 1 Double
• All with Airconditioning
• All have Ensuit shower rooms
• Restaurant
• Fully equipped kitchen with all industrial appliances
• Bar and meeting room
• Entrance with reception area
• 24-hour security
Internal Features:
• Shaded courtyard for guests with a selection of trees and shrubs
• Seating areas
• Swimming pool
• ½ Donum
Additional info
• Pre-74 Turkish title deeds
• The main building originally built in 1923 and consists of the original tiled floors, wooden beamed ceilings, and wooden doors and windows.
• The new building was built to complement the original building and is aesthetically in keeping with the ancient Era.
• Total building area 850m2
• Established in 2000 and has been a successful family run business since then.
• This business is ready to start trading and comes with all items included in the sale
• Expected return on investment 5 years
• Full inventory on request
This charming Boutique Hotel is situated in the historical and touristic area which frequented by holidaymakers, locals, and students mainly from the European University of Lefke in T.R.N.C. It has excellent transport accessibility – near public transport stations; university, 60 min’ drive minutes drive from the Ercan International Airport and 1 h 40 min to Larnaca Airport.
Acquisition:
Our experience and relationships in hotel acquisition allow us to assist investment partners in achieving their goals and objectives. We provide guidance and oversight of the hotel acquisition process from start until finish. The hotel is worth over £1.000.000 as according to the original evaluation status, but due to the medical problem of the family, its price has been reduced for the purpose of a quick sale.
Income Estimated: Over £140.000 per annum (+- indexation of inflation)
This boutique hotel is one of the TOP-10 best touristic destinations and vital place and the most popular hotspot for tourists, visitors, and locals in Lefke, Northern Cyprus. The Hotel is still trading approximately with a return investment of 5 years. The full inventory should be made on the request for the sale and appointment only serious customers.
The boutique hotel is very perfect to run as a clinic, elderly homes center, training facility, recreation area for tourism or operate like it is. There is only the desire for sale; hire purchase, rent or lease are not possible. This Boutique Hotel is a vital place in the area and the most popular hotspot for tourists, visitors and locals in Lefke. The Hotel is still trading approximately with a return investment of 5 years. The full inventory should be made on the request of the sale and appointment only Milano Homes Cyprus.
Our experience and relationships in hotel acquisition allow us to assist investment partners in achieving their goals and objectives. We provide guidance and oversight of the hotel acquisition process from start until finish. The hotel is worth over £1.000.000 as according to the original evaluation status, but due to the medical problem of the family, its price has been reduced for the purpose of a quick sale.
Income Estimated: Over £140.000 per annum (+- indexation of inflation)
This boutique hotel is one of the TOP-10 best touristic destinations and vital place and the most popular hotspot for tourists, visitors, and locals in Lefke, Northern Cyprus. The Hotel is still trading approximately with a return investment of 5 years. The full inventory should be made on the request for the sale and appointment only serious customers.
Buying a hotel in a paradise island:
The boutique hotel is very perfect to run as a clinic, elderly homes center, training facility, recreation area for tourism or operate like it is. There is only the desire for sale; hire purchase, rent or lease are not possible. This Boutique Hotel is a vital place in the area and the most popular hotspot for tourists, visitors and locals in Lefke. The Hotel is still trading approximately with a return investment of 5 years. The full inventory should be made on the request of the sale and appointment only Milano Homes Cyprus.
