Investment Opportunity for an exceptional 3 star Hotel in Paphos Cyprus
with 80 fully air-conditioned and heated en-suite rooms, wi-fi, large swimming pool, complex of shops,
private balconies offering incredible sea or town views & much more!

  

 

 

 

INVESTOR OPPORTUNITY

 

 

A fine blend
of hospitality, service and comfort!

 

RUSSIAN

 

~ Executive Summary Agapinor Hotel & 14 Shops Investment Proposals ~

 

Investment & Share Ownership In & Profitable Deluxe Hotel & Shops Complex 

Valuation in excess of € 21,500,000 (RICS) Investment up to 49% of business valuation

Hotel owner seeks Investor/Business Partner for participation in the ownership of a profitable Hotel in Cyprus. All the relevant permissions have been granted for the upgrading & expansion of the property. The Assets are fully secured with guaranteed returns, the valuation is in excess of €21.50 Million Euros.
The Investors will be able to participate in the share ownership of up to 49% of the Hotel Valuation. The Hotel has been operating very successfully for over 11 years. Inspection visits are welcomed from serious prospective investors.

Situated very centrally in the centre of Paphos town - Cyprus the Agapinor Hotel & 14 Shops is just a few minutes walk from the Local Market, District Museum and Public Gardens, in the centre of the very best exclusive shopping area and a walk away from the Local Bazaar with bus stops outside the Hotel entrance.

The Hotel is in immaculate condition and all departments are fully maintained and are run and kept in outstanding condition.

Agapinor Hotel is fully air-conditioned and heated with a large Lobby reception area, 80 en-suite bedrooms all with 20" colour TV’s with satellite channels, balconies, full air conditioning / heating, hair dryers and room safe deposit boxes. All the rooms can accommodate 1 extra bed.

There are 2 deluxe one bedroom suites and four staff rooms with staff changing facilities, Exceptional Main a la carte restaurant, separate fully equipped coffee shop for Breakfast with snack area, Pool Bar, Cafe Bar with a very large veranda and panoramic sea views. There is also excellent access for outside guests.

The hotel benefits from fully equipped kitchens with two very large walk in coolers, staff restaurant, laundry room, swimming pool, separate children’s pool and controlled private parking.

There are also 2 lifts to all floors, library, guest’s internet connection and all our departments are fully computerized with 2 IBM main servers. The Hotel is accessible by wheel chairs.

 

Prospective future returns

 

The proposed upgrading and expansion will not only increase the asset value of the present Project but will also secure high economy of scales which are needed to have secure return in invested capital. The proposed expansion investment to the Hotel will increase its total capacity and also services and star rating and will return within the region of minimum 4% return on investment annually.

The expansion will take a maximum period of nine month to complete and will be in light steel skeleton structure with plasterboard finish. The expansion investment is secured and will result in an additional increase in the valuation of the Hotel of around 4.80 Million Euros. Additionally there is an option which has been secured by the hotel for the purchase of adjacent land which lies on our boundaries with high density building that can be amalgamated with ours securing an Incredible capability of over an additional 100 deluxe units with many facilities such as small water park, wedding Banqueting facilities and full conference facilities.

 

Guaranteed Performance Return on Investment For Share Ownership

 

The “Agapinor Hotel & Shops” has 11 years of outstanding performance which has been exceptionally successful and highly profitable exceeding growth expectations, despite the challenging environment of a recession in the Tourism market.

The performance and returns signify that a well run and well operated Hospitality operation can deliver value for money factors which are the dictating elements for our prime success together with the correct policy implementation, budgeting and Management policies and procedures.

Furthermore It should also be noted that “Agapinor Hotel” has achieved a diversification enigma by investing heavily in the Shops leasing Market, which has contributed successfully to the companies overall performance.

Having maintained the success and growth of our business, expansion became a necessity. It is now imminent and forthcoming. The business has assets in excess of €21.500.000 million (Official FRICS Chartered Surveyors Valuation made on the 5th of July 2010 copies available to serious interest only). The business is also geared at a mere 5% borrowing, it therefore goes without saying that we are a viable and sound Business. It must also be mentioned that the Hotel & Shops complex will be totally unencumbered once shares are sold to the value of the proposed 49% of total Sale.

With permissions now granted for an additional extra three floors of suites, a roof garden and multi purpose function area there is now the opportunity to achieve greater economies of scale leading to improved profitability and an increase in asset valuation.

Our Auditors are KPMG International. They have been our Auditors from day one and have been exceptional in keeping our company up to date with all the necessary business requirements in today’s demanding Cyprus Business Environment.  

Proposed Investors are welcome to visit them (upon our written Consent) to have any of there questions answered regarding our Hotels Financial Standing.

Finally I would like to confirm and verify a safe and guaranteed return for Investors wishing to invest in my Business. There is little risk on part of the Investor but on the Contrary the opportunity to achieve many rewarding Benefits for themselves and their family members. 

Finally I can be contacted anytime for any further information directly on my mobile +357 99 329 000 or
at the Hotel +357 26 933 926.

I remain,

Sincerely,

Photios Georgiou MBA (Ox/rd U.K) FIH.MCMI.MCIM.FTS
Managing Director
Agapinor Hotel & Shops Complex 

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Please contact in strict confidence +357 99 329 000  or email: photos@cytanet.com.cy
www.agapinorhotel.com.cy

www.cyprushotelinvestments.com.cy

 

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