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Casino & Hotel For Sale
Location: Cyprus -> Kyrenia
Industry: Entertainment and Leisure > Casinos

Business Summary

Situated just 17km West of Kyrenia, the Tourism Capital of Northern Cyprus, is the site for this 240 bedrooms, 512 bed, luxury Hotel and leisure complex. Positioned on 26 Donum's of Pre'74 Turkish title deed land in front of the glistening Mediterranean Sea this stunning 5 star Hotel project offers the investment opportunity of a life time for anyone looking to break in to the fast growing tourism sector in Northern Cyprus. Construction can be started immediately as all plans and permits have been fully passed and stamped, meaning no lengthy delays. The five storey complex has also been granted full planning permission for a further floor should it be required.

This Unique Hotel complex consists of:
1) 240 en-suite bedrooms including 20 suits. (plus 60)
2) 512 bed capacity (plus 120)
3) Two Restaurants.
4) Five bars.
5) ‘Casino' club.
6) V.I.P. Restaurant Bar
7) Multi-purpose bar.
8) Fitness centre.
9) Cinema room.
10) Meeting/Conference room.
11) Games room.
12) Patisserie
13) TV room
14) Huge open air swimming pools.
15) Outdoor pool bar.
16) Heated indoor swimming pool.
17) Steam rooms.
18) Saunas.
19) Turkish Baths
20) Massage Parlours
21) Dressing rooms.
22) Tennis and basket ball courts.
23) Separate Gents and Ladies hair salons.
24) Shops and shopping units.
25) Private underground Disco.
26) Internal open glass lifts.
27) 26 Donum's of landscaped gardens.
28) Decking area on the sea front
29) Potential for water sports etc.

Internal changes can be made to incorporate any facilities you feel would benefit the hotel complex, and its residence, but have not been included in the facility listing above.


Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $400
Cash Flow:   $400
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale


View Larger Photo(s) Of Business
Casino & Hotel For Sale Photo 1 Casino & Hotel For Sale Photo 2 Casino & Hotel For Sale Photo 3

Print Listing Id: 700280664
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