CAPITAL OPPORTUNITY 209
Bellapais — Boutique Hotels
Guide £4M–£5M
€ 4.7M–€ 5.8M · $ 5.1M–$ 6.3M · ₺ 216M–₺ 270M
Currency conversions are indicative and may differ from the transaction exchange rate. Indicative rates as of 2026-09-22.
An example of how Northea presents a property of this class. Figures, statuses and images are illustrative and are replaced by verified material on engagement.
The Opportunity
An illustrative boutique hotel below Bellapais: twenty rooms in a restored stone building and garden annexe, a restaurant with a terrace, a pool and a loyal repeat clientele. Trading for over a decade, offered as a going concern. Presented to private capital seeking a small operating asset with character. The example shows the trading, staffing and licence documentation Northea assembles for a hotel sale.
Why It Matters
- Twenty rooms in a restored stone building
- Trading over a decade with repeat clientele
- Sold as a going concern
Property
| Class | Boutique Hotel |
|---|---|
| GIA | approx. 1,800 m² |
| Land | approx. 5 dönüm |
| Tenure | freehold title, to be verified |
| Keys | 20 |
| Operating history | trading 12 years, vendor accounts 3 years |
| Planning status | hotel use, licence to be confirmed |
| Basis of figures | vendor management accounts, dated, unaudited |
Legal / documentation
| Title information | Under review |
|---|---|
| Parcel information | Not provided |
| Seller identity | Document received |
| Mortgage / encumbrance review | Not provided |
| Building permit | Under review |
| Planning status | Under review |
| Individual title availability | Not provided |
| Completion / final approval | Not provided |
| Purchase permission relevance | Under review |
Statuses reflect documents held by Northea. Nothing is presented as verified without documented evidence; independent review is arranged through your own lawyer.
Financial
| Asking basis | Guide £4M–£5M |
|---|---|
| Estimated acquisition costs | Indicative, on request |
| Basis of figures | Vendor management accounts, 3 years, unaudited |
| Income illustration | Trading illustration on request |
| Operating costs | on enquiry |
| Management | Existing team; operator options available |
| Return illustration | Illustrative only, assumptions stated |
Lifestyle and access
Hillside village above Kyrenia around a Gothic abbey, favoured for villas with sea and mountain views and quick access to town.
Coastline
No direct coastline; Kyrenia and Karakum shore about 5 km downhill.
Golf
Korineum Golf & Country Club (Esentepe), about 20 km / 25 min.
Marina
Kyrenia Old Harbour, about 5 km.
Distances and driving times are approximate, by road, in normal traffic.
Media
- High-resolution gallery — On request
- Video — On request
- Floor plan — On request
- Site plan — On request
- Brochure — On request
- Private virtual viewing — On request
Considerations
Management accounts are unaudited. Hotel licence category and staffing contracts require review before any figure is relied upon.
Illustrative dossiers in this area: Bellapais
