Former Hotel Building with Development Potential – Pedoulas, Nicosia

#40424
Pedoulas, Nicosia
€450.000
  • Covered area 841 m²
  • Year built 1964
  • Number of floors 3
  • Occupancy status Vacant

Property description

3-Storey Property - 16 En-Suite Rooms - Central Location

This spacious three-storey building, formerly operated as a hotel, is ideally located in the picturesque village of Pedoulas in the Troodos Mountains. Just a short walk from the village center and key landmarks, the property offers strong potential for renovation, tourism investment, or mixed-use redevelopment.

It’s approx. 160m south of Pedoulas community centre, just 140m southwest of the historic Holy Cross Church. A sought-after area in the Troodos Mountain region, popular with tourists and nature lovers.

Ground Floor (above street level):
•Large dining area
•Café/bar
•Hall & reception zone
•Kitchen
•Restrooms
•Storage room & boiler room
•Internal staircase to upper floors

Exclusive rights to the roof area of the ground-floor shops facing the street.(as per Title Deed)

First Floor:
•7 en-suite guest rooms
•Communal lounge/living area
•Internal staircase to second floor

Second Floor:
•9 en-suite guest rooms

Zoning & Building Information:
•Planning Zone: H1
•Building Density: 120%
•Coverage: 70%
•Floors Allowed: 3
•Maximum Height: 11.4m

Separate Title Deed Available.

Energy Category: D

Extra information

General

  • Occupancy status Vacant

Plot

  • Land size 920 m²
  • Registration number 0/14261
  • Sheet/Plan 37/1420V06
  • Address - -, -

Building

  • Number of floors 3
  • Year built 1964

Unit

  • Covered area 841 m²
  • Covered veranda area 109 m²
  • Uncovered veranda area 200 m²
  • Floor number Ground floor
  • Bathrooms 9
  • WCs 9
  • Kitchens 1

Planning characteristics

Zone Cover factor Build factor Max floors Max height Affected %
Η1 70% 120% 3 11.4 m 100%

Documents

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Disclaimer: The property is owned by Themis Portfolio (S1) Management Holdings Limited. The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area. Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.

Disclaimer: The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).