Kyrenia Alsancak New Hotel For Sale

Status: Turnkey | Credit Status: Eligible

Located near Riverside in the Kyrenia Alsancak region, this new 20-room hotel project offers a strategic commercial investment in the Northern Cyprus tourism sector. Built on two donums of land, the facility combines nature and sea views with professional management infrastructure.

Location Advantages:

- Tourism-Oriented Area: Strategic location near the Merit Hotels area and popular beach clubs.

- Accessibility: High-demand area providing direct access to Kyrenia city center and main transportation networks.

- Limited Commercial Space: High value appreciation potential due to the scarcity of new tourist structures with large land plots in the Alsancak region.

Property Features:

- Operational Capacity: A facility ready for immediate operation with a total of 20 rooms, consisting of 18 standard and 2 luxury rooms.

- Social Facilities: Complete service infrastructure with an outdoor swimming pool, restaurant, and a large lobby area.

- Technical Infrastructure: Elevator, large parking area, security camera system, and equivalent title deed status.

- Architectural Details: Large balconies with mountain and sea views and room options with panoramic terraces.

Investment Assessment:

Thanks to its ready-to-operate status and location, it is a rare commercial asset suitable for generating immediate cash flow. The tourism momentum in the region guarantees long-term capital gains and high occupancy rates.

ROI Estimate: Annual Rental Income 245,000 GBP, 7 percent