Business Summary

Small apartment hotel, restaurant and beach bar with full title deeds of ownership.

Popular beach wedding venue.

This popular hotel, restaurant and beach bar sits on a stretch of unspoilt turtle beach on the coast of Cyprus, overlooking the crystal clear waters of the Mediterranean with a backdrop to the south of the foothills of the Troodos mountains carpeted by the Paphos forest.

Saint Barbara is located less than 5km from the Limni golf course development, currently under construction. Limni will boast 2 PGA golf courses, a luxury hotel and marina.

Surrounded by a myriad of unspoilt beaches, mountain trails, forest walks and cycle ways, this hotel complex is a tourist paradise. Close to the bustle of Polis town and Latsi harbour, yet just a few minutes drive from the solitude of the mountain peaks.

The sale consists of the freehold of a successful and thriving restaurant and beach bar with 180 covers and accommodation for a total of 26 people per night:
- 3 x large double bed studio apartments
- 1 bedroom apartment
- 3 x 2 bedroom apartments
- 3 bedroom apartment

Key features of the sale:
- Sits astride the beautiful unspoilt Polis to Pomos coastal road
- 8km from Polis in the village of Argaka
- Situated on a coastal plot of 4,432m
- In the Chrysochous Bay
- Breathtaking views
- Stunning sunsets all year round
- Includes all goodwill, fixtures & fittings
- Inventory available
- Available immediately on completion of payment
- No sitting tenants – all properties are free

This business qualifies the purchaser to apply for the Land for Residency scheme operated by the Government of the Republic of Cyprus.

The plot has 2 main buildings with approximately 700m2 of developed property.

1: The restaurant, which has been extensively renovated and modernized, has a brand new kitchen, water and electric systems including hot water solar panels (all refitted in March 2013) and 3 double bed studio apartments above.

2: Located to the rear of the restaurant is the apartment block. One 3 bedroom apartment has been fully renovated and restored and the key services to the building have also been modernized to include brand new hot water solar panels.

Behind the apartment block is a further 2,200m2 of land currently laid to an olive tree grove with building rights to construct an additional accommodation unit of up to another 30 person per night (subject to detailed planning permission).

In front of the restaurant and adjacent to the unspoilt turtle conservation beach is the open air beach bar with 70 covers on decking and grassed areas. Including a covered bar and ample car parking facilities.

Situated on the beautiful unspoilt Polis to Pomos coastal road, 8km from Polis in the village of Argaka. On a coastal plot of 4,432m2, in the beautiful Chrysochous Bay, this location offers breathtaking views and stunning sunsets all year round making it popular with both local residents and visitors.

Unique opportunity to buy the freehold of this beautifully located and thriving coastal business in Argaka, Cyprus. In one of the most stunning and unspoilt coastal regions with breathtaking sunsets. For full details of the property and the business for sale please visit the website.

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