Category
Summary of investment offer
Agapinor hotel and shops.
Investment and share in ownership Profitable
Deluxe Hotel and Shopping Complex.
Cost over € 20700000 (RICS), investing up to 49% of the value of the business.
The owner of the hotel looking for Investor/business partner to participate in the ownership of profitable Hotel in Cyprus. All the appropriate permissions have been granted to modernize and expand the property. Assets fully covered with the guarantee of return. Value exceeds € 20.7 million. euro.
Investors will be able to participate in the shared ownership of up to 49% of the price of the hotel. The hotel works with great success for over 12 years. Inspection visits are welcome from serious potential investors.
Located in the heart of Paphos-Cyprus, Agapinor Hotel is just a few minutes away from the local market, the District Museum and public gardens, in the heart of the best of the exclusive shopping district and the bus stop near the main entrance of the hotel.
The hotel is in perfect condition, all departments are fully supported, managed and kept in excellent condition. The hotel completely is conditioned by and under floor heating, has 80 rooms with color TV with satellite channels, a balcony, air-conditioning/heating, hair dryer and safe.
In all rooms you can put 1 extra bed. The hotel has also 2 suites and 4 rooms for staff.
An exclusive restaurant, a fully equipped Cafe for breakfast and snacks, bar pool, bar/cafeteria with very large veranda and panoramic sea views with access for guests not staying at the hotel. The hotel offers a fully equipped kitchen with two very large refrigerators, there is also a restaurant, laundry, swimming pool, for both children and adults, and private parking.
The hotel has 2 lifts to all floors, the library with Internet access for guests, all of our departments are fully computerized with 2 primary servers by IBM.
Prospects for future profits.
The proposed modernization and expansion will not only enhance the value of the assets of the project, but also to ensure a high level of savings, which are necessary to ensure the return of invested capital.
The proposed investment in the expansion of the hotel will increase the overall performance, as well as services and the star rating of the hotel and check-in at least 4% return on investment within a year.
The hotel will take a maximum of nine months, will be made light construction of steel frame with a protective finish.
Increased investment is secured and will lead to further increases in the cost of the hotel, which is approximately 4.00 m. euro.
In addition, there is the option to purchase a plot of land adjacent to the hotel, which lies along our borders with high-density. This will allow us to install 100 additional luxury divisions, for weddings, banquets and conference facilities.
Guarantee Performance ROI
Agapinor Hotel & " Shopping " has 12 years of outstanding experience that was very successful and highly profitable that exceeded our expectations, despite the difficult economic situation in the tourism market.
Productivity and income show that good leadership and management can provide valuable monetary factors, that is ensuring the success of our main element along with the correct policy budgeting and management policies.
In addition, it should also be noted that the Hotel Agapinor " " achieved success, also investing heavily in Shops, renting them, which in turn contributed to the successful performance of the company.
Following the success and growth of our business, extending just a necessity. It is now inevitable and imminent. The business has assets above the €20700000 million (a formal evaluation of Surveyors FRICS, taken July 5, 2010, copies of which are seriously interested people). Business also aims at 5%, so it goes without saying that we are a viable and reliable business. It should also be noted that Hotel & complex of stores will not be under the mortgage, as only the shares will be sold on the proposed price, 45% of total sales.
With the given me permission to build additional three floors for luxury rooms and a garden on the roof of a multi-purpose function, you can achieve greater savings in advance to improve profitability and increase the value of the assets.
Our auditors KPMG International. They were our auditors from day one and have made every effort to ensure that our company has always been up to date with all the necessary business requirements in today's tough business environment of Cyprus.
We offer investors to visit them (after our written consent) to respond to any question concerning the financial position of our hotel.
Finally, I would like to assure and verify security and guaranteed profit for investors willing to invest in my business. Although there is a small risk from investors, but, on the contrary, there is an opportunity to achieve the reward benefits both for themselves and for family members.
You can contact me at any time for more information on mobile +35799329000 or at +35726933926.
With kind regards,
Fotis Georgiou MBA (Oksford United Kingdom) FIH.MCMI.MCIM.FTS
Managing Director
Agapinor Hotel & complex of stores
24-30 Nikodemou Mylona Street, P.O. Box 60215, Paphos, Cyprus CY8101
Tel: +357 Mobile: +357 933926 26 99 329000 Fax: +357 26 935308
E-mail: photos@cytanet.com.cy agapinorhotel@cytanet.com.cy
Website: www.pgeorgiou.com www.agapinorhotel.com.cy www.longtermrentingpaphoscyprushotels.eu
Attachment 93Attachment 93
CNN Videos