Hotel for sale, Nicosia, Pedoulas

Location • Ideally situated in a prime position within the picturesque Troodos Mountains region. • Easy access to local amenities, traditional taverns, nature trails, and tourist attractions. • The area is highly sought after by both local and international visitors, making it an excellent opportunity for hospitality or tourism-related investment. External Features • The property consists of a spacious three-storey building positioned in a central and easily accessible location. • Formerly operating as a hotel, it benefits from a functional layout designed for hospitality use. • An additional advantage is the exclusive right to the roof area above the ground-floor shops facing the street, as stated on the Title Deed. The property falls within Planning Zone H1, offering favorable development prospects with a building density of 120%, 70% coverage, allowance for 3 floors, and a maximum building height of 11.4m. Internal Characteristics • The ground floor, positioned above street level, comprises a large dining area, café/bar, welcoming reception and hall area, kitchen facilities, restrooms, storage room, boiler room, and an internal staircase connecting all floors. • The first floor includes seven spacious en-suite guest rooms along with a communal lounge/living area, creating a comfortable environment for guests. • The second floor consists of nine additional en-suite guest rooms, bringing the total accommodation capacity to sixteen en-suite rooms. • The layout is ideal for hotel operations, guesthouse use, boutique accommodation, wellness retreat, or mixed-use redevelopment. Advantages & Special Features • Prime central location in one of the most popular mountain villages of Cyprus • Walking distance to the village centre and major landmarks • 16 en-suite rooms offering excellent hospitality potential • Former hotel property suitable for renovation or repositioning • Spacious dining and café/bar areas • Separate Title Deed available • Development potential under H1 planning zone • Attractive investment opportunity for tourism, boutique hotel, retreat center, or mixed-use project • Located in a year-round destination popular for nature tourism and mountain escapes • Energy Efficiency Category: D